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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
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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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Fenix Resources (ASX:FEX)
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