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How Fenix Plans to Boost Weld Range Output to 10Mtpa and Slash Costs by 27%
8:59am on Tuesday 23rd of December, 2025 AEDT
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Mining
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How Fenix Plans to Boost Weld Range Output to 10Mtpa and Slash Costs by 27%
8:59am on Tuesday 23rd of December, 2025 AEDT
Key Points
Production ramp-up from 6Mtpa in 2028 to 10Mtpa by 2031
Mine life extended to 2042 with 138 million tonnes production target
C1 cash costs reduced by 27% to A$55.4/wmt FOB Geraldton
Pre-tax NPV10 of A$1.2 billion and IRR of 60% at US$85/dmt iron ore price
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