update from the 26/3 Robert Mencel, CEO and Managing Director of...

update from the 26/3

Robert Mencel, CEO and Managing Director of Centrex Ltd, commented:“Following the recent rail network downtime, we are pleased to resume our regular shipmentsthrough the Port of Townsville. As we ramp up production throughout CY2024, we anticipate achieving progressively larger shipment sizes, resulting in greater economies of scale and reduced operating costs per tonne.We are excited to commence our transition towards a 24-hour per day operation with the addition ofnight shift processing, which will also further drive economies of scale. This transition is vital for meeting our short and long-term production targets, including achieving 400kt of sales for CY2024 and reaching a production run-rate of 625ktpa by December 2024.