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Centrex Limited ( (AU:CXM) ) just unveiled an update.
Centrex Limited has successfully transported approximately 212,000 tonnes of beneficiated phosphate concentrate in the second year under its revised Transport Logistics Agreement, surpassing the 200,000-tonne minimum volume threshold. This achievement means that no logistics penalties will be applied for this year, highlighting the company’s operational efficiency and its strong positioning in the agricultural market.
More about Centrex Limited
Centrex Limited is focused on securing Australasia’s sustainable agriculture future through its Ardmore Phosphate Project and Oxley Potash Project. These projects provide essential ingredients for global food production and human nutrition. Centrex’s operations benefit from proximity to established energy and transport infrastructure, facilitating access to agricultural markets. Additionally, the company is engaged in copper-gold-base metal exploration projects near Goulburn in New South Wales.
YTD Price Performance: 0%
Average Trading Volume: 1,327,142
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$14.75M
Find detailed analytics on CXM stock on TipRanks’ Stock Analysis page.
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