Fenix Resources is the latest iron ore explorer to move into the construction phase with its Iron Ridge direct shipping ore (DSO) project receiving Western Australia government approval.
They were all set to commence works on site before the end of September, in line with the previously announced timeline to achieve first sales in early 2021, Fenix Managing Director Rob Brierly said.
Fenix is proposing to ship 1.25 million metric tons per year (mt/y) of DSO iron ore from Western Australia’s Geraldton port, 490 kilometers (km) west of its Iron Ridge mine.
