Aguia Resources to Commence Mining and Processing at Tres Estradas Project in Brazil

en.Wedoany.com Reported - Aguia Resources expects to soon begin mining and processing work at the Tres Estradas project, located 46 kilometers east of Dom Pedrito in Rio Grande do Sul, Brazil. The company requested modifications to its installation license before the final review period expired, and the operating license is expected to be granted within weeks, at which point mining and processing will commence at the Dagoberto Barcelos plant.

Brazil's environmental protection agency, FEPAM, has requested additional information before issuing the operating license. Aguia has submitted a project infrastructure schedule, land registry and environmental registration changes, revised layout and mapping data, an environmental monitoring program (aligned with the current Phase 1 project scope), and a plan for installing red marker posts around the mine perimeter. In addition, the company provided minor supplements to the wildlife, water, and environmental documentation prepared by Golder Associates.

Managing Director and CEO Timothy Hosking stated: "Aguia is approaching the final stages before the start of mining at Tres Estradas and has now addressed FEPAM's final comments... We are confident that the operating license will be issued shortly. Aguia is taking steps to actively enhance local production capacity to meet growing demand, thereby reducing the industry's reliance on imported products, which are experiencing severe supply disruptions."

The electrical system, charging modules, weighbridge, production line, and modular facilities are expected to be completed by May 15, 2026. Facility operational testing is scheduled to commence on the same date, which will also serve as the formal milestone for plant readiness. The first employees will begin work on the same day, with final approval anticipated within the same timeframe. Aguia Resources is a multi-commodity company with assets primarily located in Brazil, South America.

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