26
Jul
02:41
Fenix ships 978,753wmt iron ore in June quarter
Australian miner Fenix Resources has shipped a record 978,753 wet metric tonnes (wmt) of high-grade iron ore during the June quarter, Kallanish notes.
The firm says in a statement that this comprises 400,627 wmt from Iron Ridge and 578,126 wmt of iron ore on behalf of third-party customers. This represents an annualised shipping run rate of under 4m t/year.
C1 cash costs for Iron Ridge remained at $53/wmt shipped fob Geraldton. The average cfr price re…
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Anonymous
Very good overview of the weekly steel market.
Anonymous