Fenix Forms Joint Venture With Minehaul For Iron Ridge

Fenix Resources has entered into a strategic alliance with trucking and logistics company Minehaul that will advance development of the Iron Ridge project in the Mid West region of Western Australia.

The companies will form a 50/50 joint venture company that will be known as Premium Minehaul, with the intention of Minehaul providing all trucking services to the operation.

Iron Ridge is approximately 490 kilometres by road from Geraldton Port, meaning a large proportion of operating costs will be related to road transport and logistics.