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Avenira flags low cost phosphate development

AVENIRA’S plan to develop one of Australia’s largest, high-grade rock phosphate projects, Wonarah in the Northern Territory, requires just A$11.5 million to get into production and will generate revenues of $161 million.

Haydn Black
Australia holds some of the world's largest deposits of phosphate

Australia holds some of the world's largest deposits of phosphate

While the direct shipping ore plan has a modest 23-month mine life, with payback at 14 months, the company expects to generate a significant profit that will help partially fund its plan to develop a downstream...

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