Articles On Fenix Resources (ASX:FEX)

Coal markets are on watch for the impact of a shocking bridge collapse blocking the Baltimore port Jarden says stronger Asian steel spreads linked to lower iron ore and met coal prices will be positive for BlueScope Iron ore unlike to dip...

Iron ore prices briefly dipped below US$100/t last week as weak steel fundamentals bite in China BHP’s new CFO Vandita Pant says African iron ore could disturb a balanced market between supply and demand But the world’s biggest miner is b...

West Perth-based Fenix Resources has won a haulage and logistics services contract with iron producer Gold Valley, valued at $70 million.

For the next three years, Fenix Resources’ (ASX:FEX) logistics arm – a combination of Fenix-Newhaul and Fenix Port Services – will deliver iron ore for regional iron producer Gold Valley (GV.) Shipments will go from GV’s Mid-West operati...

The ASX200 closed up 0.4 per cent. Industrials & IT led the ranks – both up more than a per cent – while energy weighed on the market, losing well over 1.1 per cent.   What drove industrials? The standout was a company, Wiseway Gr...

The ASX200 has been trading up 0.18 per cent to just above 7,745 points – not by the nearly half a per cent tipped before the market opened this morning. The Industrials sector has made the greatest gains, edging up close to a per cent a...

Heavy Minerals lifts off thanks to potential offtake garnet sales deal Macro Metals continues its climb from yesterday after prominent investors join board ADG, MKG and VMS also make the top ressie grade this morning with solid gains   He...

Fenix Resources (ASX:FEX) has shipped the first batch of iron ore from its WA-based ‘Twin Peaks’ play. The first shipment contained 59.2K tonnes of +60%Fe ore which Fenix said on Thursday it expects to directly contribute to revenues....

Iron ore miner Fenix Resources has hauled, loaded, and set sail on the first commercial shipment from the Twin Peaks iron ore project in mid-west Western Australia. The milestone is part of Fenix’sRead MoreAustralian Mining.

Macro Metals up on new boardroom appointments, including high-profile backers Tolga Kumova and Evan Cranston Nex Metals surges on Yundamindra gold project drilling approvals, even if JV partner Metalicity doesn’t Also having a good day: AR...

  Nickel Industries boss Justin Werner pours cold water on hopes for green nickel premium South32 says zinc outlook is bright as it moves on from coal in uncertain battery and base metals environment BDM, LOM, FEX and TER among the small m...

  ASX to open lower, tracking Wall Street Fed member sees rate cuts this year as inflation data looms Bitcoin pops to over US$60k, with more catalysts to come   The ASX is poised to open lower on Thursday in line with losses on Wall Stre...

Vale reported a strong fourth quarter, but has pledged to add quality tonnes in iron ore rather than just boost scale Executives at the Brazilian giant say while grade premiums are weak, the pellet market will stand out Needed in green st...

A bit of calm before the storm today as the market cools off from BHP’s (ASX:BHP) nickel dump with a light reporting day before all hell breaks loose this arvo. Rio Tinto (ASX:RIO) is up in mere moments before MinRes (ASX:MIN), IGO (ASX:IGO...

Iron ore prices shocked to the upside last year, with BHP saying ‘contestable demand’ has eluded bearish estimates for the past five years BHP CEO Mike Henry is bullish on India as a growing hub for steel production, but coking coal could...

Coking coal prices surge as China looks to tackle safety at deadly Shanxi coal mines China threatens iron ore price crackdown, in perpetually ineffective jawbone Perth and Canberra continue to get fat on iron ore outperformance Coking c...

West Perth-based Fenix Resources will provide port services to CuFe's iron ore export business under a deal expected to generate more than $10 ...

Andrew Forrest’s FMG copped a first strike against its remuneration report for executive and director payments defended by the mining billionaire Fortescue’s iron ore boss says its new blend of “green” high grade and low grade iron will h...

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today.   ICYMI Leader...

CuFe signs 12-month port contract with Fenix Resources for sheds and reserved berth capacity at Geraldton Port Company has reserved capacity allocation of 1.4Mt, allowing it to keep exporting high-grade iron ore from JWD Ability to agglome...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by...

Fenix Resources announces an agreement with 10M for rights to purchase and export 500,000 tonnes of Direct Shipping Ore (DSO) The Twin Peaks Iron Ore project is situated 200km northeast of Geraldton The project includes the Woolbung P...

ASX to open higher on Monday after Wall Street’s third straight weekly gains ChargePoint tumbled -35pc, while GAP surged over 30pc And which are the most innovative companies in the world?   Aussie shares are poised to open higher on Mond...

Iron ore is trading near US$130/t, with investment bank analysts ratcheting up forecasts for 2024 Big banks remain more sceptical that iron ore can hold as China’s property market and emissions reduction hopes loom Glencore joins with Asi...

Fenix Resources Ltd (ASX:FEX) has taken further advantage of the current strength in iron ore markets to boost its hedge book by a further 90000 ...

Fenix Resources has locked in a further 60,000 tonnes in iron ore hedging contracts at a fixed price of $166.07 per tonne to take advantage of the ...

Fenix Resources Ltd (ASX:FEX) has secured $2 million from Terra Mining Pty Ltd and Extension Hill Pty Ltd (EHPL) for the completed sale of the...

Fenix Resources Ltd (ASX:FEX) has secured $2 million from Terra Mining Pty Ltd and Extension Hill Pty Ltd (EHPL) for the completed sale of the ...

Gina Rinehart’s Hancock Prospecting pulled in a profit of over $5 billion for the third year running Its 70% owned Roy Hill mine, where the company will roll out its first electric locomotive next year, remains the mainstay TerraCom dumps...

Fenix Resources Ltd (ASX:FEX) has made two key appointments to its executive leadership team — John Welborn has been appointed executive chairman ...

Good morning, and welcome to Stockhead’s Top 10 at shortly-before-11-ish, to highlight the best (and sometimes worst) performing ASX stocks in morning trade using live data, to provide a short, sharp update to help frame the trading day by...

Fenix Resources Ltd (ASX:FEX) chairman John Welborn joined Proactive's Stephen Gunnion with the highlights of the company's latest quarterly ...

Fenix Resources has appointed current board members John Welborn as executive chair and Craig Mitchell as executive director. Mr Welborn has been ...

Low grade iron ore has been resilient in spite of rising enthusiasm for green steel But Champion Iron says signals for stronger high grade iron ore demand are emerging BMI says coking coal rally could run further in 2023 before moderating...

High prices, low discounts set stage for development of CZR’s Robe Mesa deposit in the Pilbara Rio Tinto ramps up low grade iron ore sales to lift output With CZR on Rio’s doorstep could the DFS finally be the trigger for a takeover? Ma...

Fenix Resources Ltd (ASX:FEX) has signed a binding agreement with Sinosteel Midwest Corporation securing the exclusive right to mine and export up ...

John Welborn-chaired Fenix Resources has struck a deal with an offshoot of the world's largest steel producer to mine and export up to 10 million ...

Fenix Resources Ltd (ASX:FEX) chairman John Welborn speaks to Thomas Warner from Proactive after the iron ore producer announced it has secured ...

Fenix Resources (ASX:FEX) strategic acquisitions, robust infrastructure and partnerships are why they continue to deliver iron ore for export.

Stockhead’s In-Case-You-Missed-It highlights today’s most interesting small cap stories that might have slipped beneath your radar. Below is a wrap of the top 20 performing stocks, by percentage, who made announcements today.   ICYMI Leader...

Benchmark index falls on Monday, closing out the day down 0.21% Utilities and Materials sectors edge higher, but Health Care anchors the benchmark into the red Small caps led by Galileo Mining, Infinity and last week’s rockstar Biotron...

Fenix Resources Ltd (ASX:FEX) has agreed to transfer all of its assets, liabilities, rights and obligations under the decommissioned Extension ...

... Fenix Resources to sell Extension Hill assets in “logical consolidation” deal. Fenix Resources Ltd (ASX:FEX) has agreed to transfer all of its ...

Fenix Resources (ASX:FEX) is set to sell its assets, liabilities, rights and obligations relating to the decommissioned Extension Hill hematite operation for up to $2 million.  The $159.65 million market capitalisation company has signed...

Taking advantage of current iron ore market strength, high grade, high margin iron ore producer Fenix Resources Ltd (ASX:FEX) has secured further ...

Fenix Resources (ASX:FEX) has secured further iron ore hedging contracts from January 2024 through to June 2024 at a fixed price of $163.50 per tonne.  The $166.59 million market capitalisation company says the contracts are for a total...

  The Dow Jones Industrial Average rallied the most in over a month as traders cheered the revival of Wall Street’s IPO market and a decent batch of economic data. The Dow was up for the first day in three, climbing 331.58 points, or 0.96 p...

A green steel market has taken another big step after Fastmarkets launched its first Asian green steel premium on Friday Fastmarkets regional editor Asia Paul Lim told Stockhead premiums paid for low carbon steel had been seen in excess o...

Iron ore has in recent memory performed extraordinarily poorly in the second half thanks to a recent cycle of unfettered steel output in the first half of the year in China followed by a string of Government controls to keep output falling...

Fenix Resources Ltd (ASX:FEX) has taken additional steps to minimise the impact of fluctuating iron ore prices on its profitability by securing ...