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Fenix unlocks more than A$10 million from iron ore hedge close-out
8:30am on Friday 23rd of October, 2026 AEDT
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Fenix unlocks more than A$10 million from iron ore hedge close-out
8:30am on Friday 23rd of October, 2026 AEDT
Key Points
More than A$10 million expected from iron ore hedge close-out
A$8.5 million from November 2026 to June 2027 swaps monetised immediately
October contracts valued at about A$1.7 million remain due to settle in November
Diesel swaps and currency options retain combined mark-to-market value of about A$6.1 million
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