Fenix

Fenix (ASX: FEX) is pleased to invite you a live investor webinar tomorrow Wednesday 22 July at 9:00am AWST / 11:00am AEST. To register for the webinar, click here: https://lnkd.in/gVk_meHH #Fenix #MarketUpdate #MiningNews #IronOre 

Delivering on strategy. Building momentum. Fenix (ASX: FEX) has delivered another strong quarter, with our June Quarterly Report highlighting continued operational momentum, record production and a resilient financial position as we advance our Weld Range growth strategy. Quarter highlights include: • Record FY26 shipments of 4.4 million wet metric tonnes • Strong cash balance of A$81.0 million at 30 June • Record 21 vessel shipments in the June quarter, totalling 1.299 million wet metric tonnes • Beebyn Hub progressing with approvals secured for Beebyn-W10 • FY27 guidance of 4.7–5.3Mt, with C1 cash costs maintained at A$70–A$80/wmt These results reflect the strength of Fenix's fully integrated pit-to-port operating model and our continued focus on safe, efficient and disciplined growth as we progress towards our production targets. Read the June Quarterly Report: https://lnkd.in/gqirgeHP #Mining #IronOre #ASX #Resources #WesternAustralia

Fenix, has secured crucial regulatory and environmental approvals for the development of the Beebyn-W10 Iron Ore Mine, the next mine to be developed under the Weld Range Iron Ore Project. The Beebyn-W10 deposit is located adjacent to the existing Beebyn-W11 mine, and together they form the Beebyn Hub, a key pillar of the 3-Year Production Plan to deliver up to 6Mtpa by FY28. The approvals allow commencement of clearing and mining activities at the Beebyn-W10 pit, with ore production expected to start during the current quarter and first ore on ship in the December 2026 quarter. This milestone supports the ramp-up of the Beebyn Hub, which will leverage existing Mid-West processing and logistics infrastructure. Executive Chairman, Mr John Welborn, commented that securing the approvals for Beebyn-W10 is an important step in the continued development of the Weld Range Project. The establishment of the Beebyn Hub is critical to deliver on its 3-Year Production Plan and the longer-term expansion to 10Mtpa. The company remains committed to working with its foundation partners, the Wajarri Yamaji people and Sinosteel, to unlock the value of the Weld Range Project. The Weld Range Project has a global Mineral Resource Estimate of 290 million tonnes at 56.8% Fe, and the Scoping Study released in December 2025 outlined a pathway to expand production to approximately 10Mtpa. It is now targeting completion of the Weld Range Project Definitive Feasibility Study by the end of 2026. Investair - Know the market before you raise. Capital markets intelligence for ASX-listed companies https://lnkd.in/gGisJZfD #IronOre #MiningDevelopment #ASXResources #SustainableMining #MiningInvestment

Another major milestone in the development of the Weld Range Iron Ore Project. Fenix has secured the key regulatory and environmental approvals for the Beebyn-W10 Iron Ore Mine, enabling development of the next mine within our Weld Range Project. Together with the existing Beebyn-W11 operation, Beebyn-W10 establishes the Beebyn Hub—the foundation of our 3-Year Production Plan, supporting our pathway to up to 6Mtpa by FY28. Ore production is expected to commence this quarter, with first ore on ship targeted during the December 2026 quarter. The establishment of the Beebyn Hub marks an important step in Fenix's transition to a regional mining hub, delivering greater operational efficiency, simplified logistics and economies of scale as we continue building a world-class integrated iron ore business. We thank the Wajarri Yamaji People for their ongoing support and partnership as we continue unlocking the long-term potential of the Weld Range Project. #Mining #IronOre #WesternAustralia #Resources #MineDevelopment #Fenix #TeamWork To view the fully announcement here: https://lnkd.in/gqirgeHP

Heading to Noosa Mining? We'd love to connect. Fenix is looking forward to attending the upcoming Noosa Mining Investor Conference in Queensland, bringing together investors and leaders from across Australia's resources sector. Our Executive Chairman, John Welborn, will be presenting on Wednesday 22 July at 2:00pm, sharing the latest on Fenix's growth journey, recent operational milestones and our outlook as we continue to scale our integrated iron ore business. If you're attending the conference, come and visit us at the Fenix booth. We'd welcome the opportunity to connect with investors, industry peers and new contacts. Say hello to John Welborn or Miriam Sharp while you're there. 🔗 View the full program: https://lnkd.in/fGFXZQ7 #Mining #ASX #IronOre #InvestorRelations #NoosaMining

Record quarter. Guidance achieved. Growth continues. Fenix has delivered its highest quarterly shipment performance in the Company's history, shipping a record 1.3 million wet metric tonnes during the June 2026 quarter and achieving FY26 production guidance with 4.4 million tonnes shipped. This milestone reflects the strength of our fully integrated pit-to-port operating model, with optimised mining, haulage and port operations continuing to drive reliable, scalable production. Looking ahead, Fenix has provided FY27 production guidance of 4.7–5.3 million tonnes, representing a 14% increase at the midpoint while maintaining cost guidance. Backed by a strong A$81 million cash position, our focus remains on disciplined growth, operational excellence and advancing the Weld Range Project as we continue building one of Australia's leading integrated iron ore businesses. To view the report: ASX Announcements - https://lnkd.in/gqirgeHP #Mining #IronOre #Operations #Growth #WesternAustralia #AS #Resources #Logistics #Fenix

We're delighted to welcome Jenn Morris OAM OLY and Michael Gollschewski to the Fenix Resources Board as Independent Non-Executive Directors, effective immediately. Their appointments further strengthen the depth of experience, independence and diversity of our Board as Fenix continues its exciting growth trajectory. Jenn brings extensive leadership experience across the mining, government and transport sectors, including seven years as a Non-Executive Director of Fortescue and a decade as a Partner at Deloitte. Her expertise in strategy, governance, transformation and ESG will be invaluable as we continue to grow and evolve. Michael is a highly respected mining executive with more than 30 years' experience across iron ore, aluminium and major projects. His senior leadership roles with Rio Tinto, Alcoa and NRW Holdings bring a wealth of operational and project development expertise to the Board. These appointments reflect Fenix's commitment to building a high-performing Board with the skills and experience required to support our next phase of growth. Welcome to Team Fenix, Jenn and Michael — we're excited for the journey ahead. Read the full article here: https://lnkd.in/gqirgeHP #FenixResources #Mining #Leadership #CorporateGovernance #IronOre #ASX

Fenix Resources (ASX: FEX) has taken another significant step in its growth journey, partnering with global dry bulk vessel operator Mira Bulk Pte Ltd to establish the Fenix-Mira Bulk freight partnership. The strategic alliance is designed to reduce per-tonne shipping costs, provide preferential access to vessels and create a new income stream for Fenix as production continues to scale. The partnership also expands Fenix’s international iron ore marketing reach through ResInvest Commodities global network, further strengthening the Company's position as WA's only fully integrated pit-to-port iron ore producer. To view the report: ASX Announcements – https://lnkd.in/gqirgeHP #IronOre #PitToPort #GrowthStrategy #MiraBulkPteLtd #TeamFenix