Fenix’s Board Gives Green Signal For Development Of The Iron Ridge DSO Iron Ore Project

1 min read | September 07, 2020 12:36 PM AEST | By Team Kalkine Media

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Fenix Resources Limited (ASX:FEX) announced that the Board of Directors has approved the development of the Iron Ridge DSO iron ore project officially in Western Australia. Fenix has moved rapidly to obtain camp buildings and major heavy vehicle equipment for the road transport function.

Further, FEX is progressing fast to complete contract agreements with important service providers which include mining, crushing and screening, road transport and port services contractors.

At present, the company expect to start development activities at Iron Ridge in October 2020 and the first shipment would likely to take place in early 2021.

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