Brief: Centrex Says Signs Binding Offtake Agreement With Ravensdown Limited
July 3 (Reuters) - Centrex CXM.AX :
* SIGNS BINDING OFFTAKE AGREEMENT WITH RAVENSDOWN LIMITED
FOR SALE
OF PHOSPHATE FROM ARDMORE PHOSPHATE PROJECT
* OFFTAKE AGREEMENT IS FOR A TERM OF 2.5 YEARS WITH
RAVENSDOWN
* AGREEMENT WITH RAVENSDOWN COMMITTED TO PURCHASE
APPROXIMATELY
15,000 TONNES OF PHOSPHATE IN FIRST YEAR
* HAS ALLOCATED UP TO 20% OF PRODUCTION AT ARDMORE TOWARDS
RAVENSDOWN OFFTAKE AGREEMENT
Source text for Eikon: ID:nASX3K6T27
Further company coverage: CXM.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Centrex
See all newsBrief: PRL Group Says Court Ordered Giving Leave For Transfer Of All Shares In Centrex From Members To Co
Brief: Centrex Says Ardmore Phosphate Project Put Into Care And Maintenance
Brief: FTI Consulting Announces Commencement Of Sale And/Or Recapitalisation Process Of Centrex
Brief: Centrex Appoints John Park And Joanne Dunn As Voluntary Administrators
Brief: Centrex Updates On Ardmore Operations