Centrex Limited’s Post

Centrex Limited (ASX: CXM) is pleased to share an operations update for its wholly-owned Ardmore Rock Phosphate Mine. 🚢 March & April 2024 Shipments: 15,000t of beneficiated phosphate concentrate at Townsville port is set to be loaded aboard a vessel for an overseas customer by the end of March. It is anticipated that approximately 20,000t of beneficiated phosphate concentrate will be sold in April. ⏰ Transition to 24-Hour Operation: The Phase 1 Dajarra Camp Expansion at Ardmore is on track for completion by mid-April. This additional on-site accommodation will enable night shift processing and will transition the Ardmore Mine towards a 24-hour per day operation by mid-April. This transition is key to production ramp up and achieving a 625ktpa production run-rate by December 2024. Centrex looks forward to keeping shareholders updated during this transformative phase in its operations. For further information, see: https://lnkd.in/gSjiG_W9 #phosphate #ASX #growth

Centrex Limited (ASX: CXM) is pleased to provide an update on Ardmore Operations & Stage 1.5 Expansion. A total of 7,199t of beneficiated phosphate concentrate was successfully loaded aboard a vessel at Port of Townsville Limited, which is scheduled to depart on the morning of May 20th. Additionally, the Company has completed work on its new wet concentrate overflow storage pad and northern drying pad as part of its ongoing Stage 1.5 Expansion at Ardmore. These pads will enable greater quantities of beneficiated phosphate concentrate to be produced, dried, and sold as part of the ongoing production ramp-up initiatives at Ardmore. The Stage 1.5 Expansion remains on budget and on schedule, which is expected to unlock a production run-rate of 625ktpa of beneficiated phosphate concentrate by December 2024. The successful implementation of the Stage 1.5 expansion is expected to transform Ardmore into a highly cashflow positive asset for the Company. For more information, see: https://lnkd.in/gRjsd8_t #ASX #phosphate

Centrex Limited (ASX:CXM) is thrilled to announce a significant milestone for its wholly-owned Ardmore Rock Phosphate Mine. The Company has secured a substantial financing package of approximately A$10 million from National Australia Bank Limited (NAB). This funding marks a pivotal moment for the Company's growth trajectory. 🚀 Stage 1.5 Expansion And Production Ramp Up This financing achievement is instrumental for the Company’s Stage 1.5 Expansion and production ramp-up initiatives at the Ardmore Mine. Building upon the recent A$8 million placement and A$2 million SPP offer, this financing solidifies the Company’s decision to proceed to Final Investment Decision (FID) for the Stage 1.5 Expansion. 🌱 Transformative Growth In Operations With the Stage 1.5 Expansion at Ardmore, slated for completion by December 2024, the Company anticipates a substantial increase in annual production capacity from ~240,000tpa to 625,000tpa. This expansion not only promises a significant boost in revenues but is also expected to drive down operating costs on a per tonne basis, enhancing the Company’s competitive advantage. 🌏 Establishment As Key Supplier In The Asia Pacific The Stage 1.5 Expansion will cement Centrex’s position as a key supplier of rock phosphate in the vital Asia-Pacific market. It also helps to underpin food security throughout the region, and underscores the Company’s commitment to sustainable agriculture and regional prosperity. 📈 Strategic Financial Partnerships Securing the support of a tier-1 bank, like National Australia Bank, is a strong endorsement of the Ardmore Mine's potential and the Company's strategic growth plans. Locking in this high-quality source of finance is also expected to translate to lower overall financing costs for the Company. See more at: https://lnkd.in/gNKKDCR9 #ASX #phosphate #growth

First Phosphate Corp (CSE: PHOS) has revealed a new high-grade phosphate discovery located 500 meters (m) from the existing northern zone of its Bégin-Lamarche project in the Saguenay-Lac-St-Jean region of Quebec. The company's original find during a fall 2022 prospection campaign was further confirmed last fall with 26 grab samples showing elevated P2O5 (#phosphate) levels, according to a statement. The Larouche area within the Bégin-Lamarche project has consistently yielded high-grade analyses, with one sample standing out with an impressive 39.45% P2O5 in an irregular layer of pure apatite, a host mineral containing phosphate. At this level of purity, the mineral is deemed direct shipping ore. The newly confirmed high-grade phosphate discovery is named the Mountain Zone, situated 500m north of the existing Northern Zone, measuring approximately 350m by 175m. More at #Proactive #ProactiveInvestors #CSE #PHOS http://ow.ly/tBra105cZSL

Centrex Limited (ASX:CXM) is pleased to present its Quarterly Activities & Cashflow Report for the period to 31st December 2023. Key achievements for the quarter include: ✔ Record cash receipts of A$9.36m ✔ +A$2.6m of positive operating cashflow ✔ Record shipments of ~37,800t of rock phosphate, which is a 119% increase on the previous quarter ✔ Continued successful ramp up at Ardmore with a 96% increase in ore tonnes mined & 158% in total tonnes mined on the previous quarter ✔ 240,000tpa production run rate milestone at Ardmore is expected to be reached in January 2024, which is 3 months earlier than scheduled ✔ Stage 1.5 Expansion capital reduced by ~32% & financing activities advancing ✔ Crushing costs reduced by ~60% upon commissioning of new crusher ✔ Phosphorous added to the newly created Strategic Minerals List, with links to its importance in the growing Lithium-Iron-Phosphate (LFP) battery market ✔ Multiple value-add opportunities explored to further enhance long term sales margins ✔ Recent China fertiliser ban improving outlook for rock phosphate concentrate sales in the Asia Pacific region #ASX #phosphate

FROTH FLOTATION Filchem represent Nasaco for the supply of flotation reagents for mineral and coal processing plants. Nasaco have been a leading supplier of flotation reagents globally for over 25 years in Africa, Europe, Middle East, South America, Southeast Asia and Papua New Guinea. FROTHERS Filchem via Nasaco have a broad range of alcohol, glycol and glycol ether products. These frothers are marketed under the NasfrothTM trade name. Given the diverse nature of feed solids to a flotation plant frother optimisation through blending is often necessary to achieve optimum particle support and hydraulic transport to the launder. Filchem through its affiliate and local expertise can design a formulated frother for use in the flotation process. As part of ongoing service tools such as MLA (Mineral Liberation Analysis) can be employed to assist in the diagnostic understanding of mineral liberation and help with collector and frother selection and provide recommendations for process improvements. COLLECTORS A range of collector types are available through Filchem including: * Dithiophosphates (short chain to long chain) * Monothiophosphates * Thionocarbamates These collectors are marketed under the NascolTM trade name. It is often a requirement in order to obtain optimum collection that a blend of reagents are used. Collectors can exhibit synergistic performance when 2 or more collectors are blended – thereby improving recovery. Filchem through Nasaco also has a Nasmin additive for coal flotation. This additive when combined with the current plant collector can reduce the overall dose rate and improve coal yield contributing to favourable economics. We welcome the opportunity to discuss your operational requirements and help in improving flotation performance. We have stock of samples and trial quantities in Australia and can respond in a timely manner to all enquiries. More information: https://bit.ly/3EPJeyI #filchem #mining #frothers #flotation #miningindustry #nasaco #nasmin #coalflotation #collectors #coal #australia #nascolfil

We are pleased to provide results from the 2023 sampling campaign at our 100% owned Express #Lithium Project, James Bay, #Canada. Results confirms the potential of Express with assay data indicating a large number of the samples display the geochemical signatures associated with lithium-caesium-tantalum (LCT) pegmatites as well as showing evidence for varying degrees of fractionation across the project area. These fractionation trends, as well as key chemical ratios, can be used to vector in to lithium mineralisation. Recharge’s Managing Director, Felicity Repacholi, commented: “These assay results confirm that Express is in the right part of an LCT system to host lithium mineralisation. Further, they define two clear targets for more intensive mapping and sampling covering a significant combined strike length of over 6km. In addition, a number of other outcrops have returned assays of interest based on their geochemical signature and interpreted degree of fractionation which will result in another busy field season for Recharge at Express. We still await assay data from our Wapistan Project, which we anticipate receiving later this month.” Read the full ASX announcement here: 🔗 https://lnkd.in/gAYczUuj #REC #ASXNews #exploration #assays

FROTH FLOTATION Filchem represent Nasaco for the supply of flotation reagents for mineral and coal processing plants. Nasaco have been a leading supplier of flotation reagents globally for over 25 years in Africa, Europe, Middle East, South America, Southeast Asia and Papua New Guinea. FROTHERS Filchem via Nasaco have a broad range of alcohol, glycol and glycol ether products. These frothers are marketed under the NasfrothTM trade name. Given the diverse nature of feed solids to a flotation plant frother optimisation through blending is often necessary to achieve optimum particle support and hydraulic transport to the launder. Filchem through its affiliate and local expertise can design a formulated frother for use in the flotation process. As part of ongoing service tools such as MLA (Mineral Liberation Analysis) can be employed to assist in the diagnostic understanding of mineral liberation and help with collector and frother selection and provide recommendations for process improvements. COLLECTORS A range of collector types are available through Filchem including: * Dithiophosphates (short chain to long chain) * Monothiophosphates * Thionocarbamates These collectors are marketed under the NascolTM trade name. It is often a requirement in order to obtain optimum collection that a blend of reagents are used. Collectors can exhibit synergistic performance when 2 or more collectors are blended – thereby improving recovery. Filchem through Nasaco also has a Nasmin additive for coal flotation. This additive when combined with the current plant collector can reduce the overall dose rate and improve coal yield contributing to favourable economics. We welcome the opportunity to discuss your operational requirements and help in improving flotation performance. We have stock of samples and trial quantities in Australia and can respond in a timely manner to all enquiries. More information: https://bit.ly/3EPJeyI #filchem #mining #frothers #flotation #miningindustry #nasaco #nasmin #coalflotation #collectors #coal #australia #nascolfil

Centrex Limited (ASX:CXM) is pleased to announce that it has progressed to Final Investment Decision (FID) for the Stage 1.5 Expansion of its Ardmore Rock Phosphate Mine, after receiving binding commitments for a placement to raise approximately $8m from new and existing sophisticated and professional investors. In conjunction with the placement, Centrex is also pleased to announce the opportunity for Eligible Shareholders to apply for up to $30,000 worth of shares each, to raise up to a total of $2m under a Share Purchase Plan. The implementation of the Stage 1.5 Expansion at Ardmore is expected to increase the annualised run-rate of phosphate concentrate production from 240,000tpa to 625,000tpa within a period of only 12 months. This significant uplift in production is expected to enhance operating profitability at Ardmore, as the benefits of economies of scale are unlocked. With ongoing uncertainty of supply from China following its fertiliser exports ban late last year, Centrex looks forward to developing the Ardmore Mine into a significant contributor of food security in the Asia-Pacific region. #ASX #phosphate

SOME VERY SIGNIFICANT NEWS FOR THE [LFP] BATTERY WORLD   -Yesterday, the Quebec Government added the mineral apatite (phosphate) to its critical and strategic mineral list. This news should provide significant benefits to Arianne Phosphate, and its best-of-class Lac á Paul phosphate deposit. The Quebec addition follows other jurisdictions, including the EU, in recognizing the strategic importance of phosphate as the growing requirements from battery applications continue to drive demand. Today, over 90% of LFP batteries are produced in China and, as Western companies choose to diversify their supply chains, these needed minerals that exist outside of China come into greater focus. Situated in Quebec, Canada, Arianne owns the world’s largest independent greenfield phosphate deposit, capable of producing a very high-purity/low-contaminant phosphate concentrate, ideal in the production of battery-grade phosphoric acid.   I invite you to read our Press Release issued this morning.