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Fe Limited acquires option to boost equity interest in near-production JWD Iron Ore JV to 60% Companies Fe Limited acquires option to boost equity interest in near-production JWD Iron Ore JV to 60% The company has paid a A$1 million refundable deposit to its joint venture partner to secure a three-month option to increase its equity in JWD from 51%. “We are pleased to have this option to grow our exposure to JWD,” says chairman. Fe Limited (ASX:FEL) is seeking to lift its exposure to the near-production JWD Iron Ore Joint Venture in Western Australia by acquiring additional equity interest for a 60% stake. ....
Fe Limited ramps up development at near-production JWD Project in strong iron ore market Companies Fe Limited ramps up development at near-production JWD Project in strong iron ore market Mining contractor Big Yellow is finalising the next scope of works to keep the project on schedule in advance of commencement of full mining operations, with mobilisation of the remaining mining fleet planned to occur this weekend. The company aims to expedite production to benefit from the buoyant iron ore price and demand for high-grade ore. Fe Limited (ASX:FEL) has ramped up development activities at JWD iron ore deposit with mining contractor Big Yellow beginning earthworks on-site last week with expectations that this component of the first stage of early works will be completed this week. ....
The company has signed a camp accommodation contract, an LOI with a crushing and screening contractor and has received final environmental approvals to. ....