https://newsletter.en.creamermedia.com
PROJECT
PROJECT
project

Centrex inks another offtake

28th March 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – ASX-listed Centrex has inked another offtake agreement at its Ardmore phosphate project, in Queensland, this time with New Zealand-based Ballance Agri Nutrients.

Under the terms of the offtake agreement, Ballance will purchase 30 000 t of phosphate in the first year of a 2.75-year offtake agreement, with the second- and third-year allocations to be mutually agreed upon.

The offtake agreement with Ballance is Centrex’s second offtake agreement to underpin phosphate sales from the Ardmore project, and 20% of Ardmore’s production has been allocated towards the Ballance offtake agreement.

“The signing of this offtake agreement with Ballance is another significant milestone for Centrex and the execution of our offtake strategy. We also see this as a stepping stone towards a long-term relationship with Ballance and supplying our product into the lucrative New Zealand agricultural market,” said Centrex MD Robert Mencel.

The offtake agreement with Ballance is expected to start in April this year.

Edited by Creamer Media Reporter

Comments

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (21/02/2025)
21st February 2025 By: Martin Creamer
Magazine round up | 21 February 2025
Magazine round up | 21 February 2025
21st February 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.063 0.15s - 167pq - 2rq
Subscribe Now