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Fenix Resources Forms Shipping Partnership and Secures US$44m Funding to Cut Costs

8:26am on Monday 22nd of June, 2026 AEST Mining
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Fenix Resources Forms Shipping Partnership and Secures US$44m Funding to Cut Costs

8:26am on Monday 22nd of June, 2026 AEST
Key Points
  • Fenix-Mira Bulk partnership targets lower per-tonne shipping costs
  • US$44 million long-term funding replaces short-term facilities
  • Expanded iron ore sales mandate through ResInvest's global network
  • Production ramp-up plan targeting 4.2–4.8Mt in FY26, up to 6.0Mt in FY28
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