Strike Resources (ASX:SRK) achieves production at Apurimac Project
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Strike Resources (SRK) has begun iron ore production at its Apurimac Project in Peru, with ore already being crushed and stockpiled
The company has formally contracted local miners to mine the high-grade direct shipping ore (DSO) lump at the project
Strike Resources entered the agreements in order to capitalise on iron ore prices, which are currently high
Construction of the Andahuaylas Railway, which will connect the Apurimac Project to the port, is set to start in 2024
Strike Resources is up 6.12 per cent and is trading at $0.26 per share