Replenish Nutrients receives strategic investment from Spanish River Carbonatite to accelerate expansion
Replenish Nutrients has secured a strategic investment from Spanish River Carbonatite (SRC), which is expected to significantly boost the company's growth. The partnership aligns SRC’s mineral resources with Replenish’s fertilizer production and distribution network, creating a strong platform for regenerative agriculture solutions. The collaboration began through product testing that demonstrated positive agronomic results when using SRC’s carbonatite in fertilizers. This led to long-term supply discussions before evolving into the strategic investment. The funding will support a 150,000-tonne expansion at Replenish's Beiseker facility and additional growth initiatives across North America. SRC CEO Tim Close has joined Replenish’s board as Chairman following the investment, bringing valuable leadership in capital markets and corporate strategy to help drive further development. Both companies believe this partnership will enhance sustainable farming practices by combining unique mineral resources with proven production capabilities.
Tickers: $VVIVF
Topics: agriculture fertilizer production mineral resources regenerative agriculture