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25 Jul
02:44

Fenix completes Midwest iron ore, ports assets acquisition

Australian iron ore producer Fenix Resources has successfully completed the acquisition of miner Mount Gibson Iron’s Mid-West iron ore, port and rail assets, Kallanish notes. The Mid-West assets Fenix has acquired include the Shine Iron Ore Mine, two on-wharf bulk material storage sheds at Geraldton Port, two rail sidings at Ruvidini and Perenjori, and mining assets and obligations at the Extension Hill Iron Ore Mine.  The transaction consideration h…
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