** Shares of Fenix Resources up 6.4% to A$0.25, their highest since Sept. 1
** FEX says binding ore purchase agreement signed with 10M Pty Ltd for purchase and export up to 500 thousand tonnes of direct shipping ore from the Twin Peaks Project in Western Australia
** Iron ore miner says deal provides an immediate boost to co's iron ore production and revenues with first shipment of iron ore from Woolbung Peak expected in early 2024
** Stock down 2.1% YTD as of last close
(Reporting by Ayushman Ojha in Bengaluru)
((Ayushman.ojha@thomsonreuters.com;))
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