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Centrex Metals reported that an independent pilot trial produced phosphoric acid from its Ardmore phosphate rock concentrate with 98% P2O5 recovery. The company plans to export the high-grade rock to Asian fertilizer producers and to Australian and New Zealand importers, and has signed a non-binding offtake MoU with GSFC for 300,000 tpy.
This is a prospective future supply source with no immediate effect on phosphate prices.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.