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How Athena’s New JV Could Fast-Track Byro Magnetite Production by 2028

8:34am on Wednesday 25th of March, 2026 AEDT Mining
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How Athena’s New JV Could Fast-Track Byro Magnetite Production by 2028

8:34am on Wednesday 25th of March, 2026 AEDT
Key Points
  • Non-binding JV with Terra Mining and Fenix Resources to develop Narryer Prospect
  • Athena retains 40% profit share; partners provide capital and operational expertise
  • Terra Mining to supply dry-processing technology; Fenix manages logistics and marketing
  • Targeted production start in Q1 2028, pending approvals and binding agreements
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