Centrex Limited (AU:CXM) has released an update.
Centrex Limited has announced the successful shipment of approximately 10,002 tonnes of beneficiated phosphate concentrate from its Ardmore mine to an Asian customer, marking a significant milestone in its Stage 1.5 Expansion plan that aims to boost production and sales. The company reported record-breaking monthly production figures for April and expects to continue increasing mining and production activities, with an ambitious sales target of over 55,000 tonnes for the second quarter of 2024. Centrex’s ongoing expansion efforts are focused on growing revenues and improving operating margins through increased shipment sizes and operational efficiency enhancements.
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