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CI Resources Limited ( (AU:PRG) ) has shared an announcement.
PRL Global Limited has successfully completed the acquisition of Centrex Ltd, including the Ardmore Phosphate Mine in Queensland, marking a strategic expansion in its core business of mining and marketing phosphate. The acquisition aligns with PRG’s focus on innovation and sustainability in the fertiliser industry, with plans to ramp up operations and commence customer shipments by the end of 2025, potentially strengthening its market position and benefiting stakeholders.
More about CI Resources Limited
PRG is a leading fertiliser company and producer of Australian Phosphate exports with a global fertiliser value chain, dedicated to providing high-quality products to meet the growing demands of customers. With a focus on innovation and sustainability, PRG strives to provide a sustainable and prosperous future for its community, employees, shareholders, and customers.
Average Trading Volume: 7,535
Technical Sentiment Signal: Buy
Current Market Cap: A$185.9M
See more data about PRG stock on TipRanks’ Stock Analysis page.