Fenix Resources Limited

FEX

AU0000025132

Iron & Steel

Delayed Australian S.E. Other stock markets 20:27:02 2024-05-09 EDT			5-day change	1st Jan Change
0.305 ^AUD	-3.17%		+8.93%	+7.02%

03-18	Fenix Resources Limited(ASX:FEX) added to S&P/ASX All Ordinaries Index	CI
03-14	Fenix Resources Subsidiaries Secure AU$70 Million Haulage, Logistics Contract	MT

Fenix Resources chairman talks iron ore hedging, dividends and growth plans

March 06, 2023 at 08:01 pm

(via NewsDirect)

Fenix Resources Ltd (ASX:FEX) chairman John Welborn speaks with Proactive soon after announcing the company has locked in iron ore hedging contracts for another six months to the end of this year, securing a guaranteed price of A$171.17 per dry metric tonne at a monthly rate of 30,000 tonnes. The company has established new iron ore hedging contracts for production from the Iron Ridge Iron Ore Mine in WA consisting of iron ore swap contracts which are cash settled at the end of each month.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

Latest news about Fenix Resources Limited

Fenix Resources Limited(ASX:FEX) added to S&P/ASX All Ordinaries Index	03-17	CI
Fenix Resources Subsidiaries Secure AU$70 Million Haulage, Logistics Contract	03-13	MT
Fenix Resources Receives Initial Payment for Extension Hill Asset Sale	03-08	MT
Fenix Resources Completes Maiden Shipment of Twin Peaks Iron Ore	03-07	MT
Athena Resources Secures AU$1 Million Funding Commitment from Fenix Resources	03-01	MT
Fenix Resources Posts Higher EPS, Revenue in Fiscal H1; Shares Up 6%	02-28	MT
Fenix Resources Limited Reports Earnings Results for the Half Year Ended December 31, 2023	02-28	CI
Fenix Resources Subsidiary Signs Port License Agreement with Wiluna Fe	11-21	MT
Gains in Commodity Stocks Lift Australian Benchmark Index	11-21	MT
CuFe Signs Port Agreement With Fenix Port Services; Shares Up 27%	11-20	MT
Fenix Resources Secures 500,000 Tonnes Ore Purchase Deal with 10M; Shares Climb 6%	11-19	MT
Fenix Resources Sells Extension Hill Hematite Operation to Terra Mining, Extension Hill; Shares Climb 4%	11-05	MT
Fenix Resources Limited Announces Leadership Changes	23-10-25	CI
Mount Gibson Iron Hits Record Quarterly High-Grade Iron Ore Sales in Fiscal Q1	23-10-20	MT
Fenix Resources Secures Right to Mine at Western Australian Iron Ore Deposit	23-10-03	MT
Australian Bourse Halts Trading in Fenix Resources’ Securities	23-10-02	MT
Fenix Resources Selling Extension Hill Assets for Up to AU$2 Million	23-09-28	MT
Fenix Resources Limited(ASX:FEX) dropped from S&P Global BMI Index	23-09-18	CI
Fenix Resources Limited Announces Ordinary Dividend for the Twelve Months Ended June 30, 2023, Payable on September 15, 2023	23-08-28	CI
Fenix Resources Limited Reports Earnings Results for the Full Year Ended June 30, 2023	23-08-28	CI
Fenix Concludes Purchase of Mount Gibson Iron Mine Assets	23-07-25	MT
Mount Gibson Iron Completes Divestment of Western Australian Mining, Infrastructure Assets	23-07-23	MT
Fenix Resources Limited completed the acquisition of Mid-West iron ore mining and infrastructure assets from Mount Gibson Iron Limited.	23-07-20	CI
Fenix Resources Issues 50 Million Shares	23-06-30	MT
Fenix Resources Limited Establishes New Iron Ore Hedging Contracts	23-06-29	CI

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Company Profile

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 Companyâs 100% owned, 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 Fenix Port Services 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 Twin Peaks Iron Ore Mine, the Shine Iron Ore Mine, the Fenix-Newhaul haulage business, which includes a road haulage fleet, two rail sidings at Ruvidini and Perenjori, as well as the Fenix Port Services business that operates three on-wharf bulk material storage sheds at Geraldton Port.

Sector

Iron & Steel

Calendar

2024-09-24 - Q4 2024 Earnings Release (Projected)

More about the company

Sector Iron Ore Mining

	1st Jan change	Capi.
FENIX RESOURCES LIMITED	+7.02%	144M
VALE S.A.	-16.44%	53.88B
FORTESCUE LTD	-8.86%	53.86B
NMDC LIMITED	+20.87%	9.37B
KUMBA IRON ORE LIMITED	-19.85%	8.62B
SHOUGANG HIERRO PERU S.A.A.	-2.36%	5.82B
CSN MINERAÇÃO S.A.	-35.12%	5.52B
NMDC STEEL LIMITED	+17.12%	2.2B
HAINAN MINING CO., LTD.	+12.14%	1.98B
DETERRA ROYALTIES LIMITED	-5.41%	1.74B

Iron Ore Mining

Fenix Resources Limited

Equities

FEX

AU0000025132

Iron & Steel

Fenix Resources chairman talks iron ore hedging, dividends and growth plans

Contact Details

Latest news about Fenix Resources Limited

Chart Fenix Resources Limited

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Sector Iron Ore Mining