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Fertoz Ltd Eyes Growth in Phosphate Development

Fertoz Ltd Eyes Growth in Phosphate Development

Fertoz Ltd. (AU:FTZ) has released an update.

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Fertoz Ltd has reported a promising outlook with significant orders for its Fertify™ product, despite delays in plant upgrades affecting overall sales in Q3. The company has successfully completed a $1.225 million share placement to boost phosphate development in North America and maintains a solid cash position of $1.6 million. Efforts are underway to expand their market reach, including potential supply for the lithium iron phosphate battery industry.

For further insights into AU:FTZ stock, check out TipRanks’ Stock Analysis page.

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