Aguia Resources Limited, (“Aguia”) is an ASX listed company whose primary focus is on the exploration and development of phosphate projects in Brazil. Aguia has an established and highly experienced in-country team based in Belo Horizonte, Brazil with corporate offices in Sydney, Australia. Aguia’s key projects are located in Rio Grande do Sul, a prime farming area which is 100% dependent on phosphate imports. The Rio Grande phosphate deposits exhibit high quality and low cost production characteristics, and are ideally located with proximity to road, rail, and port infrastructure. Aguia’s experienced management team has a proven track record of advancing high quality mining assets to production in Brazil.
- Highlights: Drilling along the newly discovered southeast zone with a …
- Aguia Resources Limited (ASX:AGR) (“Aguia” or “Company”) advises that effective …
- Drilling along the newly discovered southeast zone with strike-length of …
The Rio Grande Deposits consist of the Três Estradas, Joca Tavares, and Porteira carbonatite-hosted phosphate and the Cerro Preto sediment-hosted phosphate. These deposits are located in a farming region some 350 km from the State Capital Porto Alegre.
The Lucena Phosphate Project (“LPP”) covers about 35,000 hectares (~350km2) all located within a 50km radius around the city of João Pessoa, capital of the Paraiba State in northeastern Brazil.
Brazil Has the World’s Largest
Availability of Arable Land
Usable Land | Land in Use (Hectares, Million)
Source: United Nations (UN) World Population Prospects
Brazilian Phosphate Market
Domestic Production | Import