Overview

Vision

To develop and/or acquire a portfolio of value accretive assets that will build near term and sustainable long term shareholder value.

Corporate Strategy

To become a major company through the development of a carefully selected portfolio of valuable projects.

Company Overview

In French, avenir means “future”, and Avenira is investing in the world’s future, aiming to provide solutions to some of the critical issues that will be facing the world in the coming decades.

The Wonarah Phosphate Project, located in the Northern Territory, is one of the largest known phosphate deposits in Australia. The project is part of Avenira’s long-term strategy, and requires an enabling technology, such as the IHP Process, to be commercially viable.

Wonarah currently has a large resource:

  • Measured and indicated resources 300Mt @ 18.2% P2O5 (10% cut off)
  • Inferred Resource 542Mt @ 18% P2O5

Avenira believes that Wonarah has the potential to become a major centre for the production of superphosphoric acid. Wonarah is currently on hold awaiting validation of the IHP Process.

In the long term, there is considerable potential for growth once Novophos’s Improved Hard Process (IHP) proves commercially viable. This will allow the Wonarah Project in Australia to produce very high quality superphosphoric acid. Avenira retains the exclusive Australian licencing rights to Novophos’s technology.

Avenira will also continue to review projects and opportunities with a focus on precious metals within Australia.