Fenix adds to hedge book

  • Friday, June 30, 2023
  • Source:ferro-alloys.com

  • Keywords:market, mining industry,mine,ferrochrome
[Fellow]The new contracts have been added to the company’s existing hedging arrangements which now stand at 50 000 t/m between July 2023 and December 2023 at a fixed price of A$170.10/t.

【Ferro-alloys.com】:The new contracts have been added to the company’s existing hedging arrangements which now stand at 50 000 t/m between July 2023 and December 2023 at a fixed price of A$170.10/t.


Fenix this week struck a A$25-million agreement with fellow-listed Mt Gibson Iron to acquire its Mid-West iron-ore mining and infrastructure assets, including the Shine iron-ore mine, which is currently on care and maintenance and is estimated to host a mineral resource of 15-million tonnes. 

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  • [Editor:Alakay]

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