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Fenix Resources Secures 30-Year Weld Range Deal, Sets Record Shipments

8:41am on Thursday 16th of October, 2025 AEDT Mining
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Fenix Resources Secures 30-Year Weld Range Deal, Sets Record Shipments

8:41am on Thursday 16th of October, 2025 AEDT
Key Points
  • Record 885k wmt iron ore shipments in September quarter
  • 30-year exclusive mining rights secured for 290Mt Weld Range Project with Baowu
  • Commissioning and maiden shipment from third mine Beebyn-W11
  • FY26 production guidance maintained at 4.0-4.4Mt with cash costs A$70-80/wmt
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