NewsAustralia’s Fenix Resources signs iron ore supply deal with Sinosteel, shares rise
Oct 14 (Reuters) – Iron ore explorer Fenix Resources Ltd FEX.AX said on Wednesday it signed a deal with a unit of state-owned Sinosteel Group for half of the output and sales from its Iron Ridge project in Western Australia, sending the company’s shares 21.4% higher. The deal ensures that the Perth-based firm has sales arrangements...