Fenix Resources secures US$44M funding as shares rise
Fenix Resources (ASX:FEX) formed a freight partnership with Mira Bulk to lower iron ore shipping costs.

Finance journalist at Grafa with years of experience covering Asia-Pacific financial markets at S&P Global, Mortgage Ezy, and GMA Network.
Fenix Resources (ASX:FEX) formed a freight partnership with Mira Bulk to lower iron ore shipping costs.
Centuria Capital Group (ASX:CNI) has declared a final distribution of 5.20 cents per stapled security for the period ending June 30.
Perenti (ASX:PRN) announced that its subsidiary Barminco has secured a $275 million underground mining services contract at the Fourmile Project in Nevada.
Ethereum (CRYPTO:ETH) came under renewed scrutiny after Zcash cofounder Eli Ben-Sasson commented on recent concerns surrounding the Ethereum Foundation.
Wholesale distributor Metcash (ASX:MTS) reported a 0.7% revenue increase to $19.6 billion.
Nigeria, South Africa and Kenya have introduced regulatory frameworks for digital assets as governments respond to growing use of cryptocurrencies and stablecoins for payments, remittances and savings.
Credit Corp (ASX:CCP) cancelled its proposal to acquire 100% of Humm Group (ASX:HUM).
President Donald Trump said the United States was no longer acting from a position of weakness after what he described as a successful strike on Iran.