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Avenira Cuts Aleees Ties, Accelerates Wonarah Phosphate Plans for 2025 Revenue
8:37am on Monday 2nd of June, 2025 AEST
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Avenira Cuts Aleees Ties, Accelerates Wonarah Phosphate Plans for 2025 Revenue
8:37am on Monday 2nd of June, 2025 AEST
Key Points
Termination of Aleees License and Subscription Agreements effective 11 February 2025
No further licence payments required to Aleees; performance rights held by Aleees have lapsed
Wonarah Project prioritized with phased development strategy targeting early revenue in H2 2025
Stage 2 Direct Shipping Ore operations planned to commence late Q3/early Q4 2025
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