AGR aguia resources limited

News: AGR Australia's Aguia Resources gets final permit for Brazil mine

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    SAO PAULO, Nov 1 (Reuters) - Aguia Fertilizantes, a unit of Australia's Aguia Resources Limited (AGR) , 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)

 
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