Avenira Limited Secures Government Approval for Wonarah Phosphate Project

An announcement from Avenira Limited ( (AU:AEV) ) is now available.

Avenira Limited has received approval from the Northern Territory Government for its Mine Management Plan at the Wonarah Phosphate Project, which includes open pit designs and infrastructure for 1.3 million tonnes of direct shipping ore. This approval is a significant step towards commencing operations by the fourth quarter, with expectations of positive economic impacts such as local employment and regional service support. The company is advancing several key activities, including final mine design, procurement, and workforce recruitment, to achieve the first DSO ore shipment. This development is crucial for Avenira’s plans to establish a downstream beneficiation plant and Yellow Phosphorous processing facility, enhancing its industry positioning and stakeholder engagement.

More about Avenira Limited

Avenira Limited is a company operating in the mining industry, primarily focused on phosphate projects. The company is engaged in the development of the Wonarah Phosphate Project, which includes direct shipping ore (DSO) and potential future beneficiation processing.

Average Trading Volume: 642,099

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$25.42M

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