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An announcement from Aguia Resources Limited ( (AU:AGR) ) is now available.
Aguia Resources Limited has released an updated economic study for its Tres Estrades Rock Phosphate Project, reflecting improved phosphate pricing at A$200 per tonne, up from A$150. This revision has led to a significant increase in estimated EBITDA, pre-tax cash flow, and pre-tax NPV by over 70%. The company anticipates increased production capacity and is negotiating bulk offtake agreements with customers. The project is expected to commence production in early 2026, with minimal capital expenditure due to existing facilities, promising substantial profitability and cash flow.
More about Aguia Resources Limited
Aguia Resources Limited is a company operating in the fertilizer industry, primarily focusing on phosphate products. The company is engaged in the development of the Tres Estrades Rock Phosphate Project in Brazil, aiming to produce environmentally friendly phosphate products for agricultural use.
Average Trading Volume: 2,363,363
Technical Sentiment Signal: Sell
Current Market Cap: A$40.34M
Learn more about AGR stock on TipRanks’ Stock Analysis page.