EXPLORATION & DEVELOPMENT

Centrex targets phosphate production next year

CENTREX Metals has outlined a 10-year phosphate project south of Mount Isa that will pay itself off in three years and generate pre-tax cashflow of A$280 million.

Michael Quinn
Centrex targets phosphate production next year

Centrex’s scooping work estimates the Ardmore phosphate project could cost $55-60 million to develop, with first production targeted next year. The project’s pre-tax net present value is put at $124-129...

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