middle.news
How Will Fenix Unlock Value from 290Mt Weld Range Iron Ore Resource?
8:40am on Monday 1st of September, 2025 AEST
•
Mining
Read Story
How Will Fenix Unlock Value from 290Mt Weld Range Iron Ore Resource?
8:40am on Monday 1st of September, 2025 AEST
Key Points
30-year exclusive right to mine 290Mt iron ore at Weld Range
Agreement with Sinosteel Midwest, subsidiary of Baowu Steel Group
$60 million cash payment plus production and profit share royalties
Feasibility study underway leveraging existing mining and logistics infrastructure
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
FEX
OPEN ARTICLE