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Centrex Launches $10.4M Entitlement Offer to Boost Ardmore Production to 625ktpa

11:43am on Tuesday 21st of January, 2025 AEDT Mining
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Centrex Launches $10.4M Entitlement Offer to Boost Ardmore Production to 625ktpa

11:43am on Tuesday 21st of January, 2025 AEDT
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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