Fenix Resources Ltd boosts iron ore production by 27% in Jun

Fenix Resources Ltd boosts iron ore production by 27% in June quarter


Fenix Resources boosts iron ore production by 27% in June quarter
The fledgling iron ore producer shipped nearly 281,000 tonnes of product in the June quarter, up 27% on the previous quarter.
“It was an outstanding quarter on the back of steady-state production rates and strong iron ore prices,” says MD.
Fenix Resources Ltd (ASX:FEX) shipped just shy of 281,000 tonnes of iron ore from its WA Iron Ridge Project at an average price of US$185 per tonne during the June quarter.
It is the second successful quarter for Fenix, following its maiden iron ore shipment of 220,000 tonnes in March.
Five iron ore shipments were sold in total, comprising 129,331 wet metric tonnes (wmt) of lump and 151,456 wmt of fines.

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