Fenix making hay while the iron ore price is high

FENIX Resources is hoping to be in production from its high-grade Iron Ridge iron ore project near Cue in Western Australia within months.

Fenix making hay while the iron ore price is high Fenix making hay while the iron ore price is high Fenix making hay while the iron ore price is high Fenix making hay while the iron ore price is high Fenix making hay while the iron ore price is high

Fenix's Iron Ridge iron ore project in WA

The November feasibility study outlined capital costs of just A$11.9 million for a 6.5-year operation producing 1.25 million tonnes of iron ore per annum at C1 costs of $76.86 per tonne.