18
Apr
03:37
Fenix grows iron ore shipments in March quarter
Australian iron ore producer Fenix Resources has shipped 851,516 wet metric tonnes (wmt) of high-grade iron ore during the March quarter, Kallanish notes.
The firm says in a statement that this includes 356,628 wmt from Iron Ridge, a first shipment of 59,275 wmt from the Twin Peaks Mine and 435,614 wmt of iron ore on behalf of third-party customers. This represents an annual shipping run rate of approximately 3.5 million tonnes/year.
The received iron…
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Anonymous
Very good overview of the weekly steel market.
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