Avenira Limited (ASX: AEV) has announced the termination of its License and Technology Transfer Agreement with Aleees, effective February 11, 2025. This mutual decision releases both parties from any claims or liabilities, allowing Avenira to refocus on its Wonarah Phosphate Project.
The company has outlined a phased development strategy, emphasizing disciplined capital allocation and sustainable growth. Key initiatives include:
🔹 Early Revenue Generation – Stage 2 Direct Shipping Ore (DSO) operations set to commence in late Q3/early Q4 2025.
🔹 Regulatory & Technical Studies – Advancing environmental approvals for future projects.
🔹 Feasibility Studies – Unlocking the economic potential of Avenira’s 812Mt resource base.
🔹 Future Prospects – Expansion into downstream high-purity phosphoric acid production.
This strategic shift positions Avenira for early revenue generation in H2 2025, reinforcing its commitment to long-term growth.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
