Fenix Resources Ltd (ASX:FEX) has appointed non-executive director Warwick Davies to the role of interim non-executive chairman following the resignation of Garret Dixon on February 19.
The board has thanked Dixon for his commitment to the company during a pivotal period which saw Fenix transition from explorer to iron ore exporter.
Maiden iron ore shipment
The company dispatched the maiden iron ore shipment from its flagship Iron Ridge Iron Ore Project out of the Port of Geraldton in Western Australia last week.
A total of 37,157 wet metric tonnes of product were dispatched consisting of 11,001 tonnes of lump and 26,156 tonnes of fines.
The average iron grade of lump and fines product loaded was 63.3% and 61.5% respectively, meeting forecast grades and correlating closely with the ore reserve model.
Next shipment late February
The company has sufficient product ready for its next planned shipment, with the carrier due to arrive on February 24, 2021 and scheduled for loading on February 27, 2021.