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Centrex signs binding offtake agreement with Ameropa Australia for purchase of phosphate from Ardmore Phosphate Project.
Offtake Agreement is for a term of 2.75 years with Ameropa committed to purchase 15,000 to 16,000 tonnes of phosphate in the first year with the second and third year allocations to be mutually agreed.
Centrex allocates up to 10% of production at Ardmore towards the Ameropa Offtake Agreement.