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Centrex Launches $10.4M Entitlement Offer to Boost Ardmore Production to 625ktpa
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Centrex Launches $10.4M Entitlement Offer to Boost Ardmore Production to 625ktpa
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
Entitlement Offer targets $10.4 million to fund Ardmore Stage 1.5 Expansion
Expansion expected to increase phosphate concentrate production to 625ktpa
Projected operating costs between A$170-A$180 per tonne FOB Townsville
Strategic agreements improve working capital and reduce liabilities
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