Centrex Limited Breaks Ground with India Phosphate Shipment

Centrex Limited (AU:CXM) has released an update.

Centrex Limited is set to deliver its inaugural phosphate shipment to India, marking Australia’s first phosphate export to the world’s largest phosphate import market. The move is backed by the Australia-India Economic Cooperation and Trade Agreement, which allows tariff-free exports, and is expected to fortify ties between the two nations. This milestone aligns with Centrex’s expansion strategy, leveraging their increased production capacity at the Ardmore mine to tap into new international markets.

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