Expressions of Interest Sought for the Acquisition and/or Recapitalisation of Agripower – Strategically Located Amorphous Silica Mine and Processing Facility

Agripower Group of Companies (‘Agripower‘)

Agripower represents an opportunity for a strategic investor or industry participant to acquire a large amorphous silica mining deposit and purpose-built facility for the production of a natural silicon-based fertiliser – Agrisilica® – at scale.

David Osborne and Tony Miskiewicz (‘Receivers’) were appointed as Receivers and Managers of Agripower Australia Limited (In Liquidation) (Receivers and Managers Appointed) (‘Agripower Australia’) on 10 June 2026 and Agrisilicon Pty Ltd (Receivers and Managers Appointed) on 31 August 2026, pursuant to security interests duly registered on the Personal Property Securities Register.

The Receivers are seeking expressions of interest for the acquisition and/or recapitalisation of Agripower and its assets or alternatively individual parts or assets of Agripower.

The Opportunity

Agripower’s assets are located in North Queensland and comprise:

• A mining deposit located near Greenvale, QLD (known as the ‘Conjuboy Project’), with an estimated JORC Resource (2019) of 54.7 million cubic metres of diatomaceous earth; and
• A c. 200ktpa processing facility in Charters Towers, QLD, purpose built for production of Agrisilica®, an amorphous silica fertiliser.

Key Investment Highlights

• Large natural amorphous silica resource
  • Agripower holds a fully permitted ML for the Conjuboy Project (JORC Resource estimate 2019) with potential for resource expansion;
  • The mining method is simple open-cut extraction requiring basic mining fleet with <5m of overburden and a low average strip ratio. The resource is front loaded from the Conjuboy ROM pad and trucked 320km by sealed road to the processing facility.
• Fully permitted and commissioned processing plant
  • The processing facility has a c. 200ktpa capacity (subject to optimisations) and was developed at a capex cost of c. A$80 million
  • The facility is purposes built to process and package to client requirements, and is located on a significant parcel of freehold land, which provides scope for signification expansion.

Next steps

An information memorandum and dataroom is available for interested parties.

To register your interest and receive a confidentiality agreement for provision of the sale materials, please contact the Receivers at [email protected].

Non-binding Indictive Offers must be submitted by 10:00am AEST on 18 September 2026.