Movement in the Mid West

WITH the iron ore price remaining robust, there’s more movement in Western Australia’s smaller Mid West iron ore region with Fenix Resources making key strides towards first production, as minnow Mt Ridley Mines moving in next door.

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Fenix has struck two deals with Chinese giant Sinosteel, one for 50% of the production from its flagship Iron Ridge project, which is expected to make its first sales in early 2021, and the other for