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Fenix adds iron ore price protection

Still has full exposure to more than half of current production levels

Michael Quinn
Fenix's iron ore operations

Fenix's iron ore operations | Credits: Fenix

Agile iron ore miner Fenix Resources has added to its hedge book and now has 660,000t of production this year protected with a price of about A$155/t. "The [240,000t of] additional hedge contracts are...

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