Mindax Partners with Xiamen ITG for Iron Project

Mindax Limited (AU:MDX) has released an update.

Mindax Limited has announced a non-binding strategic alliance with Xiamen ITG Mining to assess the development of the Mt Forrest Iron Project. The collaboration aims to combine Mindax’s project with Xiamen ITG Mining’s expertise in the iron ore industry, with due diligence and joint development efforts to be expedited within 2024. This partnership underscores Mindax’s strategy to advance the Mt Forrest project towards production, leveraging the strengths of a prominent, state-owned enterprise group in China.

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