Australia's Centrex gains on Queensland phosphate mine guidance

Centrex

09/10/2023 01:52

** Shares of miner Centrex  CXM.AX  rise as much as 2.7% to
A$0.076
    ** Co says it remains on schedule to produce over 50,000
tonnes of phosphate concentrate in the first six months of
financial year 2024 from its operations at Ardmore mine in
Queensland
    ** Sees producing a further 50,000 tonnes of concentrate
during the March quarter
    ** Targeting up to 440,000 tonnes production for the 2024
calendar year from the mine
    ** Stock down 43.1% this year, as of last close

 (Reporting by Rishav Chatterjee in Bengaluru)
 ((Rishav.Chatterjee@thomsonreuters.com;))