Prospective iron ore producer Fe has advanced its planning for the commencement of early works activities and issued a letter of intent with newly established contractor Big Yellow for its 51%-owned West Wiluna JWD direct shipping ore project in Western Australia.
The Tony Sage-led company says Big Yellow, founded by experienced mining executives Brad Gordon, David Edwards and Mitch Wallace, is a good fit with its own aspirations.
Sage says Fe is well advanced with final approvals and other key contracts for the JWD deposit, part of GWR Group’s wider Wiluna West project and containing a DSO hematite resource of 10.7Mt @ 63.7% Fe at 55% cutoff.