# Aguia wins 3-yr court battle to launch Brazilian phosphate mine

> Aguia Resources won a three-year court case that removes the regulatory barrier to its Três Estradas rock phosphate mine in southern Brazil. The company expects first production and cash flow in 2025 after the court rejected challenges to its 2019 license.

- Date: 2024-10-25 · published 2024-10-25T12:00:00.000Z
- Category: policy · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/28199-aguia-wins-3-yr-court-battle-to-launch-brazilian-phosphate-mine
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

New Brazilian rock phosphate supply expected in 2025 could ease phosphate tightness over time, though the effect on near-term prices is limited.

## Read by commodity

- DAP: bearish ▼
- PHOSROCK: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2019-12-16 | [Diammonium phosphate to come down in Bangladesh — Fertilizer Daily](https://feedsoft.ai/events/5348-diammonium-phosphate-to-come-down-in-bangladesh-fertilizer-daily.md) | +2.7% | +3.5% |
| DAP | 2026-02-01 | [US to review tariffs on Moroccan, Russian phosphate fertilizer imports](https://feedsoft.ai/events/21375-us-to-review-tariffs-on-moroccan-russian-phosphate-fertilizer-imports.md) | +1.2% | +3.7% |
| DAP | 2026-04-30 | [New bill in the U.S. Senate aims to lower price of phosphate fertilizers \| Farm Office](https://feedsoft.ai/events/20048-new-bill-in-the-u-s-senate-aims-to-lower-price-of-phosphate-fertilizers-farm.md) | +4.8% | +7.3% |
| DAP | 2024-12-17 | [Morocco's phosphate drive](https://feedsoft.ai/events/27275-morocco-s-phosphate-drive.md) | +1.7% | +3.2% |
| DAP | 2023-04-27 | [Amit Shah launches nano DAP to cut import bill](https://feedsoft.ai/events/6334-amit-shah-launches-nano-dap-to-cut-import-bill.md) | -11.9% | -11.1% |

## Sources

- smh.com.au: https://www.smh.com.au/business/companies/aguia-wins-3-yr-court-battle-to-launch-brazilian-phosphate-mine-20241025-p5klfg.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.