Aguia revives 55Mt Brazilian phosphate resource as policy shifts

Aguia Resources is restarting its 55-million-tonne Lucena phosphate project in Brazil amid government efforts to bolster domestic fertiliser output.

Justin Tomlinson

Editor-in-Chief, Mora Discover

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Aguia revives 55Mt Brazilian phosphate resource as policy shifts

Aguia Resources has revived its Lucena phosphate project in Brazil, bringing the 55-million-tonne resource back into focus. The company is positioning the deposit to benefit from recent policy shifts intended to encourage domestic resource operations.[1][2]

The decision to dust off the asset comes amid a renewed push by the Brazilian government to support local fertiliser production and reduce the country's dependence on foreign imports.[1][2]

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