Centrex Metals Ltd

Centrex Metals
Traded as ASX: CXM
Industry Mineral exploration and mining
Founded March 23, 2001 (2001-03-23) in Adelaide, South Australia, Australia
Headquarters Adelaide, Australia
Website centrexmetals.com.au

Centrex Metals Limited is an Australia-based resources exploration and mining company. It has interests in Western Australia and South Australia. The company's chairman is notable South Australian engineer and businessman, David Klingberg.

The company is primarily focussed on the development of the Oxley potassium fertiliser mine and processing complex in Western Australia, 125 kilometres (78 mi) southeast of the Port of Geraldton.[1] The project comprises a rare large-scale 32 kilometres (20 mi) long outcropping potassium feldspar rich lava flow. Centrex has developed a process to convert potassium feldspar into potassium fertiliser products. It also has the Ardmore phosphate rock project 128km south of Mount Isa in northwestern Queensland.[2]

Centrex also has active exploration for base metals at Goulburn in the Lachlan Fold Belt of New South Wales.[3] It also has exploration for gold in the Lachlan Fold Belt at Woolgarlo, 10 km west of Yass.[4]

Iron ore

Centrex owned several iron ore deposits on Eyre Peninsula in South Australia. including at Wilgerup, 30 kilometres (19 mi) southeast of Lock; Kimba Gap, 50 kilometres (31 mi) west of Whyalla, adjacent to existing Middleback Range mines; and the Fusion Magnetite Project near Koppio.

Wilgerup had an approved mining lease from the South Australian government, but did not start active mining,[5] and no longer appears on the map of active projects on the Centrex web site.[6] The leases have been surrendered or expired.[7]

Eyre Iron Pty Ltd was the management company for the Eyre Peninsula Joint Venture between partners Centrex Metals Ltd and Wugang Australian Resources Investment Pty Ltd, a 100% owned subsidiary of Wuhan Iron and Steel Corporation, China’s third largest steel producer.

Eyre Iron Pty Ltd proposed in 2011 to develop an open pit magnetite mine located in the Koppio Hills on southern Eyre Peninsula, known as the Fusion Magnetite Project. It included a processing plant site adjacent to the mine site and an underground magnetite slurry and water pipeline corridor from the processing plant to a proposed deepwater export port initially named Sheep Hill, and later Port Spencer.[8]

The port would also be served by a railway branch to carry ore from the proposed Wilgerup mine. The Government of South Australia declared the port facility a major development.[9][10] The joint venture was wound up in 2016;[11] land purchased for the project was publicly advertised for sale in 2017.[12]

References

  1. ↑ "Oxley Potash Project". Centrex Metals Limited. Retrieved 24 November 2016.
  2. ↑ "Ardmore Phosphate Project". Centrex Metals. Retrieved 27 January 2018.
  3. ↑ "Goulburn Polymetallic Project". Centrex Metals Limited. Retrieved 24 November 2016.
  4. ↑ "Woolgarlo". Centrex Metals Limited. Retrieved 24 November 2016.
  5. ↑ "Wilgerup". Department of State Development, Government of South Australia. Retrieved 24 November 2016.
  6. ↑ "Wilgerup". Centrex metals. Retrieved 8 January 2018.
  7. ↑ "Wilgerup, Tumby Bay, Mount Hill, Wanilla, Dutton Bay, Greenpatch and Tooligie Range (the Southern Eyre Peninsula JV Project). Joint annual reports for the reporting period 1/7/2006 to 31/1/2012, plus the Dutton Bay EL 5712 final report submitted at licence full surrender on 17/11/2016 and the Wilgerup EL 5641 final report at licence expiry 18/04/2017". Resources and Energy Group; Department of State Development (DSD) South Australia. Retrieved 8 January 2018.
  8. ↑ Australian Government, Department of the Environment "Referral detail - Eyre Iron Pty Ltd/Mining/Koppio Hills South Eastern Eyre Peninsula/SA/Develop an Open Pit Magnetite Mine" Retrieved 2013-11-05.
  9. ↑ "Development Act 1993: Section 46 (1) – Notice". The South Australian Government Gazette. Adelaide: Government Printer, South Australia. 6 January 2011. p. 2. Retrieved 5 January 2018.
  10. ↑ "Sheep Hill deep water port facility (Stage 1)". Planning and property. Government of South Australia. 2011. Retrieved 5 January 2018.
  11. ↑ Changarathil, Valerina (14 October 2016). "Port Spencer plan sinks as SA-Chinese venture winds up". The Advertiser. Retrieved 4 January 2018. (subscription required)
  12. ↑ "Lot L 23 & 24 S386 & 387 Lipson Cove". realestate.com.au. REA Group Ltd. 30 July 2017. Retrieved 5 January 2018.
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