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Summary

Aguia Resources (ASX:AGR) hopes to complete building the first phosphate mine in Southern Brazil by late 2023, Aguia Fertilizantes Chief Executive Fernando Tallarico told Reuters on Wednesday.

He said that the company expects to get the installation license required to start work around October. He added that construction would take about one year, and an operating license is needed to begin production.

Read the story: https://www.reuters.com/article/brazil-fertilizer/australian-firm-prepares-to-build-brazils-first-southern-phosphate-mine-idINL1N2ZT1A8