MBAC Fertilizer: Positive Economics for Santana Phosphate Project in Brazil

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.

Click here to view the full report.