Fenix Resources (ASX:FEX) signed a contract with MACA, a subsidiary of Thiess Group, for drill and blast, mining, and crushing and screening services at the Beebyn-W11 iron ore mine in Western Australia, according to a Monday Australian bourse filing.
The firm plans to ramp up production to 4 million tonnes per annum during the year, the filing said.
The required mining approvals for Beebyn-W11 have been received by Fenix, including the approval of a mining proposal from the Department of Energy, Mines, Industry Regulation and Safety, per the filing.
Site mobilization is set to start in the June quarter, while the first production from the mine is expected to be shipped during the September quarter.
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