Fenix Resources Ltd
Fenix Resources Limited is an Australia-based integrated mining, logistics and port services company with assets in the Mid-West region of Western Australia.
The business
Fenix Resources Limited is an Australia-based integrated mining, logistics and port services company with assets in the Mid-West region of Western Australia. The Company’s flagship Iron Ridge Iron Ore Mine is a high-grade direct shipping iron ore operation located approximately 360 km northeast of Geraldton. Its segments include Mining, Haulage and Port Services. Its iron ore products are transported by road to Geraldton using its Fenix-Newhaul haulage and logistics business. Its Newhaul Port Logistics business operates its own loading and storage facilities at the Geraldton Port. Its diversified mid-west iron ore, port and rail asset base includes Iron Ridge mine, the Beebyn W11 Deposit, the Shine Iron Ore Mine, the Newhaul Road Logistics haulage business, which owns and operates a road haulage fleet, two rail sidings at Ruvidini and Perenjori, as well as the Newhaul Port Services business that owns and operates three on-wharf bulk material storage sheds at Geraldton Port.
Share price
Market Statistics
Valuation
Trading Activity
Performance
Latest news
Fenix Resources Releases Maiden 26.9Mt Ore Reserve For Beebyn Hub at Weld Range
Fenix Resources unveils maiden 26.9Mt ore reserve at Beebyn Hub (WA) averaging ~60% Fe, supporting 6 Mtpa target by 2028 and multi-year Weld Range production.
Fenix Resources Outlines Three-Year Production Plan to Consolidate Weld Ridge Project
Fenix Resources (ASX: FEX) has released a three-year production plan that establishes a pathway to reach up to 6Mtpa by FY28, consolidating mining at the Weld Range project as the Iron Ridge and Shine operations approach the end of their current mine lives.
Fenix Resources Secures Transformational Right-to-Mine Deal at Weld Range Iron Ore Project
Fenix Resources (ASX: FEX) has announced a “game-changing” right-to-mine agreement with the world’s largest steel producer over the Mt Weld Range hematite iron ore project in Western Australia, signing a 30-year deal with Sinosteel Midwest that could markedly extend the project’s current mine life and expand production. The deal extends the run of good news […]
Fenix Resources bids for CZR to create large-scale iron ore business in WA’s Pilbara
Fenix Resources (ASX: FEX) says partnering with CZR Resources (ASX: CZR) will create a large-scale, diversified mining and logistics business operating in Western Australia’s major iron ore regions. Fenix will bring its $56.1 million in cash and ongoing cash flow from its Mid-West operations to deploy into the development of CZR’s Robe Mesa iron ore […]
Looking for charts & signals? See the tab.
Unlock the full research library - free.
Create a free account to access every broker report, CEO interview, IPO alert, and daily market wrap. No credit card. No paywall.