Fenix hits 3Mt milestone

IRON ore producer Fenix Resources has produced and sold three million dry metric tonnes of high-grade iron ore from the Iron Ridge mine in Western Australia’s Mid West region.

Fenix hits 3Mt milestone Fenix hits 3Mt milestone Fenix hits 3Mt milestone Fenix hits 3Mt milestone Fenix hits 3Mt milestone

Iron Ridge mineralisation

The tonnage averaged a net operating margin of $52 per tonne.

The milestone was achieved twenty-eight months after the first sale of Iron Ridge product in February 2021.