FEX 11.8% 38.0¢ fenix resources ltd

Now with the Vale mine closures, perhaps the future prices are...

  1. 187 Posts.
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    Now with the Vale mine closures, perhaps the future prices are to be better. Although, Vale was granted a preliminary license to expand its Serra Leste complex. So it is expected that Vale are to significantly ramp up production by the end of 2020 and into 2021. Just will have to wait and see in the coming months what the global production rate will look like by the time FEX start shipment.
    Last edited by Delcos66: 07/06/20
 
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