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Centrex Metal has begun mining 800 tonnes of run-of-mine phosphate ore at its Ardmore project near Dajarra, Queensland. Two customers each bought 400 tonnes as paid trials for single superphosphate production.
The company plans a future export deal once the project reaches production.
This is a small trial supply of phosphate rock from a development project, with no immediate effect on global phosphate prices. Any future production could add supply to the phosphate rock market.
northweststar.com.auLydia LynchMay 27, 2018Not 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.
