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Tag: Ardmore

Ardmore Direct Application Rock Phosphate crushed and screened to minus 26.5mm

Phosphate sales to farmers after Ardmore trial success

Centrex Metals will start advertising its Direct Application Phosphate Rock (DAPR) product from the Ardmore project for sale after a successful shipment for Australian farmers.

Centrex chief executive officer Robert Mencel said the first parcel of high-grade phosphate rock made available to farmers was not only a milestone development for Ardmore, but heralded a critical improvement in the nation’sfertiliser 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 shipment. . .

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Ardmore aerial - Centrex Metals

Shot in the arm for Ardmore phosphate plans

A new study on the proposed Ardmore phosphate operation confirms its profitability, with a forecast gross revenue of almost $1.5 billion and net cash flow of $429 million, Centrex Metals says.

The company has released an updated definitive feasibility study on the North West Queensland project, expected to cost $78.47 million to bring into production and have a pay-back period of less than two years.

In an announcement to ASX, Centrex said the updated DFS provided it with confidence to commence project financing discussions and progress product sales.

“It’s the right project at the right time. . .

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Ardmore aerial - Centrex Metals

Short mining campaign underway at Ardmore

Centrex Metals says mining has commenced at the Ardmore phosphate project in North West Queensland to produce 25,000 to 30,000 tonnes of ore.

The campaign is expected to run for about two weeks, with JDR Mining & Civil from Mount Isa as mining contractor.

Centrex said it had already received interest from parties looking to purchase some of this product.

And it was anticipated that demand would increase as the phosphate became available.

The mining operation will produce data that will be incorporated in the previously completed optimised definitive feasibility. . .

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Ardmore mining campaign kicks off

Mining is expected to start at the Ardmore phosphate project south of Mount Isa next week to produce 25,000 tonnes of ore.

Centrex Metals executive chairman Graham Chrisp said a team was on site this week to carry out surveying and necessary preparatory work.

The company is ultimately looking to produce about 800,000 wet tonnes of phosphate rock per annum from the Ardmore site and in 2019 completed on-site assembly of a 70-tonne-per-hour start-up processing plant.

Once the initial. . .

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Centrex maintains Ardmore optimism

Centrex Metals remains ‘quietly optimistic’ about financing its Ardmore phosphate project, with hopes its timing will dovetail with improved prices, according to executive chairman Graham Chrisp.

In the meantime, the company is looking for contractors for a three to four-week mining campaign in the first quarter the next year.

It plans to mine 25,000 tonnes to provide material for prospective customers and for Centrex to investigate a new process that may act as an adjunct to the business.

It recently launched a Rights Issue that may raise up to $2.866 million, which would help fund the Ardmore. . .

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Centrex provides update on Ardmore plans

Centrex Metals says it is scheduling production of concentrates from the trial mine project at Ardmore, south of Mount Isa, in mid to late 2021.

The timeline announced in a company update this week places production from the full Ardmore phosphate project in 2022, following an expected lift in phosphate prices 2021.

Centrex last year completed on-site assembly of a 70-tonne-per-hour start-up plant, designed to expand to a 140tph throughput to produce 800,000 wet tonnes of phosphate rock per annum from the site.

At that stage the company was aiming to start full-scale. . .

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Centrex continues funding talks for Ardmore

Centrex Metals says it is continuing to progress its Ardmore phosphate project in North-West Queensland in readiness for development once funding is secure.

The company last year completed on-site assembly of a 70-tonne per hour start-up plant but put the brakes on the project in November, when it announced a raft of cost-cutting measures and an agreement to terminate chief executive officer Simon Slesarewich's employment.

In an update to the ASX this week Centrex said work was continuing on the high-grade low-impurity Ardmore phosphate project.

"Current activities include marketing of rock. . .

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Ardmore operations on ice amid poor phosphate prices

Centrex Metals has announced it is deferring start-up operations at its Ardmore phosphate project, south of Mount Isa, and implementing cost-cutting measures.

The announcement comes within two months of the company completing on-site assembly of a 70-tonne per hour start-up plant, which can be upgraded to meet the proposed full-scale Ardmore production of 800,000 tonnes per annum of concentrate.

"While funding options for the completion of the trial mine are being pursued, the start of operations will be deferred and the company is taking proactive measures to reduce costs," Centrex said in a. . .

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Ardmore advances towards concentrate production

The start-up processing plant is taking shape at Centrex Metals’ Ardmore phosphate rock project in North West Queensland.

The wet processing plant will have an initial capacity of 70tph and has been designed to expand to 140tph for the full-scale operation, which will produce 800,000 wet tonnes of phosphate rock per annum.

Chief executive officer Simon Slesarewich said the mechanical work had been completed and electrical installation was underway.

Local contractors Cava Hydraulics have carried out the. . .

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Ardmore site works begin in preparation for plant arrival

Centrex Metals says site works have begun at the company’s flagship Ardmore phosphate rock project in North-West Queensland.

The site works are being undertaken in preparation for the expected arrival of a start-up plant this month.

CDE Global completed the fabrication and trial assembly of the 70-tonne-per hour modular plant,  which cost about $4 million, in the UK.

Chief executive officer Simon Slesarewich said the start of site works was a milestone for Centrex as it embarked on a journey to full-scale production at Ardmore.

"The trial mine will deliver bulk sample to priority. . .

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Land sale boosts Centrex coffers as Ardmore advances

The company behind the Ardmore phosphate rock project in North-West Queensland has completed a $1.4 million land sale

Money from the sale of its 'non-core' land holding at Port Spencer, South Australia, would go towards advancing Ardmore, Centrex Metals said.

"We continue to focus on Ardmore and build momentum towards beginning trial mining later this year," Centrex chief executive officer Simon Slesarewich said.

Late last week Centrex Metals submitted an application to allow the use of . . .

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Centrex looks to secure extra water for phosphate mine

Centrex Metals has submitted an application to allow the use of Split Creek Dam to capture and store water for its Ardmore phosphate rock project, 128km south of Mount Isa.

The Definitive Feasibility Study (DFS) on Ardmore identified that additional water may be required in the second half of the mine’s life, the company said.

Split Creek Dam offered a solution that would ensure there was sufficient water to sustain operations for the intended period.

Water for initial mining and processing will be drawn from a known aquifer on the granted mining lease.

Centrex chief executive officer Simon Slesarewich. . .

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Ardmore phosphate product in demand

Centrex Metals has secured its second sales contract for high-quality phosphate rock concentrate from the Ardmore project, south of Mount Isa.

New Zealand-based Ballance Agri-Nutrients has previously trialled 400 wet tonnes of ore from Ardmore to produce single superphosphate.

It will buy a further 5000 wet tonnes of concentrate when Centrex Metals kicks off trial production through a 70tph modular processing plant.

The $4 million plant, fabricated by CDE Global, is expected to arrive on site in June.

Centrex said it was progressing all required activities to enable it to begin mining and processing at Ardmore this. . .

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Processing plant en route to Ardmore phosphate site

A start-up processing plant is on its way to Australia for Centrex Metals' Ardmore rock phosphate project, south of Mount Isa.

CDE Global has completed the fabrication and trial assembly of the 70-tonne-per hour modular plant, which is expected to arrive on site in June from the United Kingdom.

Concentrate produced from the start-up phase will go to potential offtake customers.

"This is an exciting development for Centrex and we look forward to receiving the first module of the start-up plant on site," Centrex chief executive officer Simon Slesarewich said.

Good news for Ardmore phosphate project

Centrex Metals has received State environmental approvals for its Ardmore phosphate project in North-West Queensland.

The company said the issued environmental authority for its mining lease would allow the company to progress start-up operations.

It plans to produce about 30,000 wet tonnes of phosphate rock concentrate to provide batches to potential future customers in the second half of 2019.

The approval includes the installation and operation of  a wet processing plant with a capacity of 70 tonnes per hour, which is being fabricated for Centrex by CDE Global.

Centrex is ultimately looking to bring a mining operation. . .

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