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Canadian Phosphate Eyes Q2 Surge as Customer Capacity Quadruples

5:59am on Monday 2nd of June, 2025 AEST Mining
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Canadian Phosphate Eyes Q2 Surge as Customer Capacity Quadruples

5:59am on Monday 2nd of June, 2025 AEST
Key Points
  • Q1 2025 cash receipts of $534,000 from rock phosphate sales, up from $425,000 in Q1 2024
  • Key customer’s plant upgrade to quadruple capacity to 25,000 tonnes annually in Q2
  • Awaiting approval for 10,000-tonne bulk sampling permit at Barnes, BC
  • Exploration Target for Wapiti deposit expected in June quarter 2025
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