FENIX RESOURCES LTD Aktie

At the Diggers & Dealers Forum, Fenix Resources announced a shift to a hub-based operating model with the Beebyn Hub as the central control point and targets of 5 million t production for 2027 and 5.5–6 million t for 2028, with a long-term goal of 10 million t per year. Management reports C1 cash costs below AUD 75/t (FOB Geraldton) and a potential of AUD 55/t at 10 million t, along with integrated logistics and port infrastructure to support growth. Fenix highlights disciplined capital allocation since 2020 (over AUD 300 million invested, no further capital raisings) and cites AUD 80 million in cash, AUD 100 million in tax loss carry-forwards, and a market capitalisation of around AUD 200 million. The strategy focuses on scaling, cost discipline and using its own transport and port assets to boost valuation and cash flow. » Más en de.investing.com

Fenix Resources held a strong cash balance of AUD 86 million in Q3 2025 and recorded the lowest C1 cash costs in recent periods at AUD 70 per tonne, despite production being impacted by Cyclone Narelle and diesel disruptions. The company shipped just under 1 million tonnes of iron ore, processed 1.2 million tonnes and achieved AUD 145 per tonne on a CFR basis (61% of the reference index). Fenix maintains its annual guidance of 4.2–4.8 million tonnes and expects C1 costs of AUD 70–80/t, but foresees a slight cost increase in the June quarter due to higher diesel prices. The Weld Range expansion project is expected to deliver cost reductions and capacity increases by end-2026 following a definitive feasibility study. » Más en de.investing.com

Fenix Resources reports a cash balance of AUD 86 million for Q3 2026 and the lowest C1 cash costs in several periods (AUD 70/t). Production was just under 1 million tonnes mined and shipped, processing exceeded 1.2 million tonnes; realised iron ore price was slightly above AUD 145/t. Operational impacts from tropical storm Narelle, supply interruptions in the Middle East and delays to the Weld Range expansion project were offset; the full‑year guidance (4.2–4.8 million t production, C1 AUD 70–80/t) remains confirmed. » Más en de.investing.com