Australia's Centrex hits over 1-month high on trial shipment contract

Centrex

01/07/2022 03:23

** Shares of Centrex Ltd  CXM.AX  rise as much as 6.7% to
A$0.160, their highest since May 25
    ** Mineral explorer says unit Agriflex Pty Ltd has executed
an agreement with Ameropa Australia Pty Ltd  urn:newsml:reuters.com:*:nFWN2YH1U0
    ** Deal covers the sale of 5,000 wet tonnes beneficiated
phosphate rock trial shipment to Ameropa 
    ** Deal also includes a right of first refusal to purchase
10% of Ardmore mine's annual production for the first three
years    
    ** Stock up for a third consecutive session
    ** As of last close, CXM up ~91.1% this year
    


 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))