Centrex Metals (ASX:CXM)

Centrex Metals (ASX:CXM)

Centrex Metals (ASX:CXM) is an ASX-listed minerals developer, with a primary focus on the Ardmore phosphate project in north west Queensland.

Ardmore is one of the few remaining undeveloped high-grade phosphate rock deposits in the world. Centrex is developing a phosphate rock export operation. The deposit lies on an existing Mining Lease.

The deposit is shallow and can be cheaply mined via open-cut strip mining without the need for blasting. Once the already high-grade ore is crushed to meet export sizing specifications, removal of fine grained mainly clay material produces a premium grade concentrate product.

Centrex has completed the Definitive Feasibility Study for the project, as well as the fabrication of start-up plant with commissioning due mid-2019.

Board and Management

Mr Simon Slesarewich

Simon Slesarewich is a highly experienced mining executive with a proven track record in large-scale mining project delivery and operations.

Prior to joining  Centrex Metals, Slesarewich was CEO and Managing Director of ASX-listed Metallica Minerals.

His 20-plus years of experience also includes leadership roles with other minerals and energy sector firms such as Larkham Resources (GNRI portfolio company), Middlemount Coal where he was responsible for the successful development (Capex of A$500m) of a large integrated coking coal mine and Boardwalk Resources which was successfully divested for A$300m to Whitehaven Coal as part of a large A$5.2bn transaction.

David Klingberg

David Klingberg has 35 years’ experience as a professional engineer with Kinhill Limited including previously spending 10 years as CEO managing professional engineering services to resource developments and other industries.

He has extensive experience in the mining industry as Project Manager for the Windarra Nickel project for Poseidon Ltd and was responsible for significant projects for Western Mining Corporation and CRA Limited. He was also a director of the engineering joint venture overseeing the Lihir Gold Project.

Previous directorships include Codan Limited (ASX: CDA), E&A Limited (ASX: EAL) and Snowy Hydro Limited as well as the State Government Boards of Renewables SA and Invest in SA. He is currently a director of Litigation Lending Services Limited.

Mark Terry
Chief Financial Officer

Mark Terry is a CPA with more than twenty years’ experience in the management of financial, commercial and legal  matters in the mineral exploration and mining industry.

He commenced his career with KPMG before holding a range of senior finance positions with Normandy Mining, Newmont Australia and Xstrata Zinc where he was Finance and Commercial Manager for Australian Operations.

Mark later held the role of CFO of Terramin Australia Limited (an operating junior miner) before providing consulting services in senior finance and project roles with Havilah Resources and Rex Minerals. Most recently he was the CFO of emerging energy development company Leigh Creek Energy Limited before joining Centrex Metals in 2018.