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Main Forum•ASX: AEV Now Producing -Baobab Phosphate Project in Senegal.
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Baobab Phosphate Project in Senegal.
Avenira Limited (Avenira or Company) is pleased to advise that it has reached a transformational milestone with the first production being achieved at the 80%-owned Baobab Phosphate Project in Senegal.
The Baobab process plant is going through its commissioning procedures and the first phosphate product is being stockpiled ahead of trucking to port in the next few weeks. Maiden product shipment is expected to take place in late September or October, somewhat dependent upon the regional wet season.
The first production marks a critical step in Avenira’s move into the agri-nutrient sector, coming just five months after mining activities commenced.
Avenira Limited, formerly known as Minemakers (ASX: MAK), aim is to become a major contributor to the world nutrient market through the development of a carefully selected portfolio of valuable phosphate and other nutrient projects. Read more at http://www.australian-shares.com/mining/AEV>
Read about http://www.australian-phosphate.com/
Recently the term "Peak Phosphate" has begun to enter the agriculture research literature and has become visible in the investment media and as there is no known substitute for Phosphate based fertilisers the term begins to have real meaning, especially for countries dependent on broad acre crops
