Break it Down: Fenix Resources’ ironclad increase
Stockhead TV’s Sarah Hughan Breaks it Down on a new and improved mineral resource estimate from Fenix Resources.
Stockhead's Break it Down brings you today's leading market news in under 90 seconds.
In this episode, host Sarah Hughan reflects on Fenix Resources' (ASX:FEX) increased mineral resource estimate at its Iron Ridge iron ore mine in Western Australia’s Mid West.
Though some analysts see the portents of a price decline, iron ore prices remain robust, and were up overnight to US$106 per tonne due to strong steel production in China as Fenix ups its ironclad ambitions.
Originally published as Break it Down: Fenix Resources’ ironclad increase
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