Fenix Resources (ASX:FEX) has a mining business, haulage and logistics business and port business. Last year Fenix completed a Definitive Feasibility Study for the Beebyn-W-11 Project in Western Australia which outlined exceptional returns over a seven year mine life and construction commenced in March this year. Ahead of appearing at Sydney Mining Club Fenix Resources Chairman John Welborn joins Lel Smits from The Stock Network.
1. Building Bee – ben W11 project, in Western Australia’s mid-west region
Beebyn-W11 is a high-quality iron ore deposit located in Western Australia’s Mid-West region, and first production is expected in the September quarter of the year: What are your production targets and how does this project support the company’s broader growth ambitions.
2. Fenix Resources’ growth ambitions
Looking more broadly, Fenix Resources is focused on transforming the Mid-West resources landscape by unlocking stranded assets. Can you outline how this strategy aligns with your growth ambitions.
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