Preparation For Mining Ramping Up At JWD

May 14, 2021

Highlights

  • Early works activities ramping up with earthworks underway at the JWD Iron Ore Project
  • Changes to Mining Rights Agreement with GWR Group Ltd (GWR) to extend Stage 1 timeline and simplify administrative and cashflow requirements
  • Iron ore price continues to hit new highs, with the strongest demand being for high grade lump product such as JWD, resulting in strong interest from p[potential offtakers
  • FEL continues to attract experienced iron ore personnel to join its team, in spite of competitive market conditions

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JWD Update