
Fenix wins 290mt iron ore project
Fenix wins 290mt iron ore project Fenix Resources (ASX: FEX) has signed a 30-year agreement, for exclusive iron ore mining rights at the Weld Range project in WA, with Sinosteel Midwest Corporation. The project, about 500km from Geraldton, hosts an iron ore grade of 56.8% and encompasses several high-grade hematite direct shipping ore deposits, including the premium Beebyn-W11 deposit with 20.5mt of ore at a grade of 61.3%. Fenix executive chairman John Welborn says securing the project immediately surrounding the company’s existing operations in the Weld Range is a game changer. “Development...









