Feb 4 (Reuters) - American Pacific Borates Ltd ABR.AX :
* AMERICAN PACIFIC BORATES EXPECTS BRINGING FORWARD SOP PRODUCTION WILL CUT PHASE 1B CAPEX FROM US$156M TO US$34.2M
* AMERICAN PACIFIC BORATES EXPECTS BRINGING FORWARD SOP PRODUCTION, INCREASES TARGETED EBITDA IN CY2023 FROM US$20.2 MILLION TO US$45.9 MILLION
* UPDATED EBITDA OF US$453M IN FIRST YEAR OF FULL PRODUCTION AT FORT CADY BORATE MINE