Centrex Metals#Iron ore

{{Short description|Australian mining company}}

{{Use Australian English|date=January 2018}}

{{Use dmy dates|date=January 2018}}

{{Infobox company

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|traded_as = {{ASX|CXM}}

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|industry = Agriculture
Mining

|foundation = 2001

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|location_city = Adelaide

|location_country = Australia

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|key_people = Peter Hunt (Chairman)
Robert Mencel (Managing Director)

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|homepage = [http://centrexmetals.com.au/ www.centrexmetals.com.au]}}

Centrex Metals Limited is an Australian resources exploration and mining company.

History

Founded in 2001, Centrex Metals was listed on the Australian Securities Exchange in 2006 with the aim of developing several iron ore projects on the Eyre Peninsula, South Australia.[https://www.centrexmetals.com.au/company-history/ Company History] Centrex Metals[https://www.asx.com.au/asxpdf/20060718/pdf/3xlm6jkn8lb30.pdf Centrex Metals Limited: Admission to Official List] Australian Securities Exchange 18 July 2006{{cite web |url= https://indaily.com.au/news/business/2021/08/30/iron-ore-company-targets-organic-farmers/ |title= Iron ore company targets organic farmers |first= Andrew | last= Spence|date= 30 August 2021 |website= InDaily|publisher= Solstice Media |access-date= 30 August 2021 }} It also had interests in Western Australia and Queensland.

Subsequently, the company sold off its South Australian assets, dissolved its joint ventures, and repositioned itself to be an organic fertiliser producer. The proposed site of Port Spencer, the company's original intended export point for Eyre Peninsula iron ore, was sold to prospective grain exporters, Free Eyre in 2019.[https://www.asx.com.au/asxpdf/20181231/pdf/441llx9j1s94vs.pdf Sale of Port Spencer Land Holding] Centrex Metals 31 December 2018 The sale included the port's development plans and approvals{{Cite web|last=Fogden|first=Alisha|date=2019-06-05|title=Land bought for new EP port|url=http://www.stockjournal.com.au/story/6202220/land-bought-for-new-ep-port/|access-date=2021-09-02|website=Stock Journal|language=en-AU}} which have since been amended and optimised for grain handling by Peninsula Ports.

Centrex Metals acquired the Oxley potassium project, {{convert|125|km|mi|abbr=off}} south-east of the port of Geraldton, Western Australia in 2015, and the Ardmore phosphate rock project, {{convert|130|km|mi|abbr=off}} south of Mount Isa, Queensland, in 2017.[https://www.farmweekly.com.au/story/5671615/aussie-ssp-shores-up-shaky-supply-chain/ Aussie SSP shores up shaky supply chain] Farm Weekly 23 September 2017

The Ardmore project is the company's principal operation. It is based on a shallow, high-grade phosphate deposit. As of 2021, the company had begun small-scale production, planning to ramp up significantly by the end of 2024.[https://www.centrexmetals.com.au/ardmore/ Ardmore] Centrex Metals

The project at Oxley is based on a {{convert|32|km|mi|abbr=off}} globally rare ultrapotassic lava flow, dominantly composed of potassium feldspar.[https://www.centrexmetals.com.au/oxley/ Oxley] Centrex Metals As of 2021, the company was seeking a partner to advance it to the next stage.

In 2016, the company also reported active exploration for zinc and copper near Goulburn in the Lachlan Fold Belt of New South Wales. In 2019 it described the project as "drill-ready".[https://www.centrexmetals.com.au/goulburn-joint-venture/ Goulburn] Centrex Metals

References