14% phosphate content is not viable for a production. MAK will go for the 23%-part of the deposit and has to my knowledge yet not found a beneficiation route to enrich the grade. RIO tried some years ago but failed. The difference between MAK and ARU is that ARU will produce high quality phosacid and MAK will produce either phosrock or fertilizer like MAP/DAP or superphosphate. MAK will serve the fertilizer markets while ARU is not necessarily sticked to this market.
Lenni
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Last
20.5¢ |
Change
-0.010(4.65%) |
Mkt cap ! $505.1M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 20.3¢ | $2.330M | 11.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 506439 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 1882534 | 14 |
View Market Depth
| Last trade - 16.10pm 17/07/2025 (20 minute delay) ? |
| ARU (ASX) Chart |