https://thewest.com.au/business/public-companies/mount-ridley-acquires-high-grade-iron-ore-in-weld-range--c-1394599
Sinosteel’s high-grade Beebyn and Madoonga deposits weigh in at massive 300 million tonnes of ore, which ongoing development studies speculate could host a 25-year mining operation. On a rather smaller scale, Fenix Resources Iron Ridge deposit, just 23km east of Mount Ridley’s tenure, boasts a resource of over 10 million tonnes of iron ore. Mining has already commenced at Iron Ridge, with the Fenix scheduled to begin shipping ore in early 2021.
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