ASX-listed junior Centrex Metals is advancing its Oxley project, in Western Australia, to the prefeasibility study (PFS) stage, after receiving positive results from a scoping study on a start-up potassium nitrate fertiliser (NOP) operation. The scoping study, prepared by Amec Foster Wheeler, shows that the start-up operation has the economic potential to be globally competitive, with upside for large-scale expansion, the company reported in a statement on Monday.
