Aguia grows phosphate resource

BRAZIL phosphate hopeful Aguia Resources has increased and upgraded resources at its Tres Estradas deposit as it continues a feasibility study that as of last month was more than 50% complete.

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The project in Rio Grande do Sul contains a measured and indicated 83 million tonnes grading 4.1% P2O5, with an additional 22Mt in the inferred category at 3.7% P2O5.