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The document provides a brief historical review of the Bayóvar phosphates in Peru. The phosphate deposits were discovered in the 1950s and the company Minera Bayóvar S.A. was formed in 1963 to develop the project. In the 1970s, the concessions expired and were assigned to Minero Perú. In 2005, CMMM acquired the mining rights to the concessions through a bidding process.

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