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Australian Fenix completes first iron ore consignment from Twin Peaks

Time:Wed, 13 Mar 2024 09:18:06 +0800

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Fenix Resources Limited, an Australian listed iron ore producer operating out of Western Australia, announced that it had completed the first consignment of iron ore from the Twin Peaks project in Western Australia.

The first shipment encompassed 59,275 tons of Fenix TP lump, which owned over 60% iron content.

Last November, Fenix signed an ore purchase agreement with 10M Pty Ltd, a locally owned iron ore producer and explorer with tenements in the Mid-West-Murchison region in Western Australia. The agreement granted Fenix the right to purchase 500,000 tons of high-grade ore from Twin Peaks.
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