Fenix holds a 30-year exclusive right to mine and export iron ore from the Weld Range Project. Excluding the separately reported Beebyn-W11 deposit, the agreement covers a 268.9 million tonne JORC 2012 resource. A Scoping Study evaluates expansion to approximately 10 Mtpa from FY2031 through FY2042, and a Definitive Feasibility Study is in progress.
- Country
- Australia
- Commodity
- Fe
- Stage
- Feasibility