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MBAC Fertilizer: Positive Economics for Santana Phosphate Project in Brazil
Oct. 18, 2013 10:47AM PST
Potash InvestingMining Weekly reported that MBAC Fertilizer has announced positive results from its feasibility study for the Santana phosphate project in Brazil, with an after-tax net present value of $396 million for the project which originally was expected to cost $426.7 to build.
Mining Weekly reported that MBAC Fertilizer has announced positive results from its feasibility study for the Santana phosphate project in Brazil, with an after-tax net present value of $396 million for the project which originally was expected to cost $426.7 to build.
According to the report:
Santana is expected to produce about 500 000 t/y of granulated single super phosphate (SSP), which the study says would be sold at about $345/t in 2016, which would be the project’s first year of operations.