Brazil's Fertiliser Dilemma and the Lucena Opportunity The recent approval of the Fertiliser Industry Development Program in Brazil has sent shockwaves through the agricultural sector.
The country's reliance on imported fertilisers has long been a strategic vulnerability, with more than 80% of its requirements coming from abroad.
This policy shift could breathe new life into projects like Aguia Resources' Lucena phosphate project. Aguia, an ASX listed company, is reviving the massive Lucena asset in Paraíba state's northeast region.