Junior iron-ore developer Fenix Resources has struck a strategic alliance agreement with trucking and logistics company Minehaul, which could resulted in the accelerated development of the Iron Ridge project, in Western Australia.
Under a joint venture (JV), known as Premium Minehaul, trucking services will be provided to the project, with Fenix undertaking to ensure that all iron-ore transport it is involved with in the Mid-West region be conducted through the JV.