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Centrex Limited Updates on Ardmore Operations Amid Weather Challenges

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Centrex Limited Updates on Ardmore Operations Amid Weather Challenges

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

Centrex Limited announced an operational update for its Ardmore Mine, highlighting upcoming shipments of beneficiated phosphate concentrate. Despite flooding affecting rail logistics, the February shipment is expected to proceed as planned, while the March shipment might face disruptions. Meanwhile, operations at the Ardmore Mine site continue with minimal interruptions from rainfall, typical for this period.

More about Centrex Limited

Centrex Limited is focused on securing Australasia’s sustainable agriculture future through its Ardmore Phosphate Project and Oxley Potash Project, producing essential ingredients for global food production. The company benefits from proximity to energy and transport infrastructure vital for accessing agricultural markets and is also engaged in copper-gold-base metal exploration in New South Wales.

YTD Price Performance: 40.0%

Average Trading Volume: 1,278,130

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$14.75M

For detailed information about CXM stock, go to TipRanks’ Stock Analysis page.

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