Centrex Metals
| Company type | Public |
|---|---|
| Industry | Mining, Resource exploration, Agriculture (organic fertilizers) |
| Founded | 2001 |
| Headquarters | Adelaide , Australia |
Area served | Australia |
| Products | Iron ore, phosphate rock, potassium minerals, organic fertilizers |
Centrex Metals Limited operates as an Australian company specializing in resource exploration and mining.
History
Established in 2001, Centrex Metals became publicly traded on the Australian Securities Exchange in 2006 with a focus on developing iron ore ventures located on the Eyre Peninsula, South Australia. The company also maintained assets within Western Australia and Queensland.
Subsequently, Centrex divested its South Australian holdings, ended joint ventures, and transitioned its business model toward producing organic fertilizers. The initial export facility at Port Spencer was sold in 2019 to the grain exporting cooperative Free Eyre, which included port infrastructure plans redesigned for grain shipment by Peninsula Ports.
In 2015, Centrex Metals expanded its portfolio by acquiring the Oxley potassium project situated southeast of Geraldton, Western Australia. Two years later, in 2017, it added the Ardmore phosphate rock project located south of Mount Isa, Queensland, to its operations.
The Ardmore site represents the company’s flagship initiative, centered on a shallow deposit with high-grade phosphate content. By 2021, limited production had commenced with intentions to scale operations substantially by late 2024.
The Oxley project is characterized by an uncommon ultrapotassic lava flow rich in potassium feldspar minerals. As of 2021, Centrex was actively pursuing a collaborative partner to further develop this asset.
In 2016, exploration activities focused on zinc and copper were underway near Goulburn within the Lachlan Fold Belt of New South Wales. By 2019, this endeavor had reached a stage described as "drill-ready."