Centrex (ASX:CXM) - Exploration Manager, Alastair Watts
Exploration Manager, Alastair Watts
Source: Alastair Watts/LinkedIn
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Centrex Metals’ (CXM) initial shipment of phosphate has been transported to Australia’s east coast following a successful crushing trial  
  • The first parcel of high-grade phosphate rock comes from Centrex’s Ardmore Phosphate Project in Queensland, where the contractor reported the material crushed well through the impactor
  • Centrex says it will begin advertising its direct application phosphate rock product for sale following the trial
  • Centrex Metals is up 4.44 per cent and trading at 4.7 cents

Centrex Metals’ (CXM) initial shipment of phosphate has been transported to Australia’s east coast following a successful crushing trial.  

Centrex recently mined its first parcel of high-grade phosphate rock from its Ardmore Phosphate Project in Queensland. From this, an initial 25,000 tonne parcel of product was made exclusively available to farmers for use as direct application phosphate rock.

Altogether, a total of 320 tonnes of previously stockpiled ore was loaded into conventional road trains and carted to the Mt Isa quarry. At the quarry, an initial 110 tonnes was crushed using an impact crusher and screened down to less than 26.5 millimetres in dimension.

The contractor reported the material crushed well through the impactor, with no build up detected.

Following the request of a customer on the east coast of Australia, converted intermediate bulk containers were filled with 38 tonnes of screened product and loaded onto a truck for transport, before being further refined at the customer’s facility.

Following this trial, Centrex will begin advertising its direct application phosphate rock (DAPR) product for sale.

Centrex CEO, Robert Mencel, said the first parcel of high-grade phosphate rock for farmers heralds a great improvement in Australia’s self-sufficiency, fertiliser supply chain resilience and long-term food security.

“For farmers, the application of crushed phosphate rock to crops and pastures represents a very affordable long-term opportunity to increase their soil’s nutrient bank,” Mr Mencel said.

“The relatively large gauge of the particles allows the product to be applied evenly, with reduced risk of leaching or run-off in high rainfall areas, thereby offering a steady and gradual release of phosphate into the soil bank over a number of years.”

Centrex Metals was up 4.44 per cent and trading at 4.7 cents at 3:03 pm AEST.

CXM by the numbers
More From The Market Herald
The Market Herald Video

" Gold Road Resources (ASX:GOR) to acquire remaining DGO Gold (ASX:DGO) shares

Gold Road Resources (ASX:GOR) will acquire the remaining shares in DGO Gold (ASX:DGO).
The Market Herald Video

" Challenger Exploration (ASX:CEL) confirms MRE growth potential at Hualilan

Challenger Exploration (ASX:CEL) has received results from the first drillholes completed after the recent mineral resource…
The Market Herald Video

" Australian Mines (ASX:AUZ) raises $711k for Sconi activities

Australian Mines (ASX:AUZ) has raised almost $711,000 from an entitlement offer to fund activities at its…
The Market Herald Video

" Power Minerals (ASX:PNN) completes phase one drilling at Santa Ines

Power Minerals (ASX:PNN) has recently completed phase one drilling at the Santa Ines copper-gold project in…