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An announcement from Avenira Limited ( (AU:AEV) ) is now available.
Avenira Limited announced the approval of its Revised Mine Management Plan for the Wonarah Phosphate Project, which includes open pit designs and infrastructure for 1.3 million tonnes of Direct Shipping Ore. The company is progressing foundational workstreams to support the development of the DSO Project, including procurement, stakeholder engagement, and commercial planning. These efforts aim to refine project scope and delivery strategies, with a focus on optimizing mining costs and logistics. The project is expected to have positive economic impacts on the region, including job creation and support for local services.
More about Avenira Limited
Avenira Limited is involved in the mining industry, focusing on the development of the Wonarah Phosphate Project in Northern Territory and exploration of the Jundee South Project in Western Australia. The company is primarily engaged in phosphate mining and aims to expand its operations to include beneficiation processing and potentially a Yellow Phosphorous processing facility.
Average Trading Volume: 656,042
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$25.42M
Learn more about AEV stock on TipRanks’ Stock Analysis page.