MBAC’s vision is to become a significant producer of phosphate and potassium fertilizers
in Brazil. MBAC expects to exploit attractive growth opportunities on strong agriculture
fundamentals. MBAC is continuing to search for additional opportunities in the exploration,
production and distribution of fertilizers in Brazil.
MBAC is focused on core objectives including the exploration of potential deposits,
generating cash flow, preserving capital, maximizing cash balances and maintaining
maximum flexibility across its various interests, including its development stage
and near development stage projects. MBAC is committed to prudent and disciplined
growth and will continue to improve the value and returns of its various projects.
It will also continue to focus on controlling costs and ensuring effective management
of capital expenditures.
MBAC is well positioned financially to fund its strategic growth plan where expansions,
improvements and development of existing assets are expected to drive production
toward MBAC’s objective to produce approximately 500,000 tonnes per year of SSP.