Vonex reaps Koolyanobbing reward

TELECOMMUNICATIONS company Vonex is cashing in on the resurgent iron ore price as nine-year-old royalty agreements linked to Mineral Resources' Koolyanobbing mine start paying off.

Vonex reaps Koolyanobbing reward Vonex reaps Koolyanobbing reward Vonex reaps Koolyanobbing reward Vonex reaps Koolyanobbing reward Vonex reaps Koolyanobbing reward

Koolyanobbing open pit

Vonex is entitled to a 2% royalty on iron ore sales from the old Johnson Range iron ore project in Western Australia's southeast, and future royalty payments on the lease, under a deal struck by the