Australia's Aguia Resources gets final permit for Brazil mine
01/11/2022 15:51
SAO PAULO, Nov 1 (Reuters) - Aguia Fertilizantes, a unit
of Australia's Aguia Resources Limited AGR.AX , has been
granted a final permit to build a phosphate mine in southern
Brazil, a spokesperson told Reuters on Tuesday.
The company will invest 35 million reais ($6.82 million) to
build the mine, a project that is expected to take 12 months. At
maturity, the mine will have capacity to produce 300,000 tonnes
annually, according to the company estimates.
($1 = 5.1336 reais)
(Reporting by Ana Mano)
((ana.mano@thomsonreuters.com; Tel: +55-11-5644-7704; Mob:
+55-119-4470-4529; Reuters Messaging:
ana.mano.thomsonreuters.com@reuters.net))