Articles On Fenix Resources (ASX:FEX)

Fortescue Metals Group signals another, this time minor, delay at its Iron Bridge development First production from the 22Mtpa magnetite mine is due in late April Pearl Gull announces maiden resource at Cockatoo Island Andrew Forrest’s Fo...

Fenix Resources Ltd (ASX:FEX) has extended its hedging cover and guaranteed pricing through new iron ore swap contracts covering the six-month ...

New Hope pays monster dividend on last year’s coal boom Targeting doubling of production in three years, with expectations demand will outstrip supply despite ESG pressures Magnetite completes optimisation study ahead of high grade iron or...

The key takeaways from this earnings season Which small caps pay the most dividends Stockhead reached out to expert Adam Dawes to see if there is a way to exploit the ex-dividend date   The half-year earnings season has drawn to a close....

Iron ore’s bull run could be brought to a halt by China’s weaker than expected economic growth target Goldman predicts price record for Rio Tinto Thermal coal prices keep dropping Iron ore has been a bull’s game in 2023, with matadors spe...

Fenix Resources Ltd (ASX:FEX) has locked in iron ore hedging contracts for another six months to the end of this year, securing a guaranteed price ...

Fenix Resources Ltd (ASX:FEX) chairman John Welborn speaks with Proactive soon after announcing the company has locked in iron ore hedging ...

Australian iron ore producer Fenix Resources (ASX:FEX) has established new iron ore hedging contracts for 30,000 dry metric tonnes (dmt) of iron ore per month from July to December 2023 at a fixed price of $171.17 per dmt. The company says...

China is again ordering sintering restrictions to crack down on pollution from its steel mills It comes after limits were placed on Dalian futures trading last week to bring the heat out of prices Junior miner CuFe posts maiden resource fo...

Lynas Rare Earths remains positive on NdPr market despite weakness post Lunar New Year in China The company is building inventory to avoid a production gap caused by licencing issues in Malaysia Fenix post profit, but dividend will wait fo...

Fenix Resources Ltd (ASX:FEX) has reported a net profit after tax of $10.9 million for the half year ended 31 December 2022 and is well-positioned ...

BHP (ASX:BHP) has reported, leaving only Rio Tinto (ASX:RIO) today to round out our February financial results season for the big three iron ore miners. In Oscars parlance none are expected to be award winners. Lower iron ore prices — and i...

South African coal miner Thungela Resources will become the majority owner of Australia’s Ensham coal mine Its CEO July Ndlovu says thermal coal will see demand for at least two, maybe three decades Iron ore sales lift There may be clouds...

Fenix Resources Ltd - Iron ore stocks close December on a tear, but what ... With a global mineral resource base now exceeding 5.7 billion tonnes, ...

Newcastle thermal coal’s reign as the top priced product on the market has ended Premium hard coking coal returns to traditional position at a premium to energy coal as European demand wanes Iron ore prices remain strong, but MySteel says...

Iron ore mid-tiers Champion Iron, Grange Resources and Fenix Resources all roll out improved results for the December Quarter; Materials index ...

Chinese companies are starting to make bids for Australian coal cargoes after an unofficial ban that ran for over two years But Coronado CFO Gerhard Ziems says Australian coking coal exports to China will only touch half of pre-pandemic le...

BHP did not deliver capital guidance for its BMA coal mines in Queensland last year after new royalty tiers drawing billions for Qld were introduced last July While CEO Mike Henry also cited China’s coal ban as a factor, its capex strike l...

Iron ore may not have hit record highs, but it had another volatile year in 2022 Will China’s reopening from Covid be a negative or a positive for iron ore and steel in 2023? Which stocks stand to benefit as China looks to wield its power...

Fenix Resources Ltd (ASX:FEX) has extended existing hedging arrangements for direct shipping ore (DSO) iron ore from the flagship Iron Ridge...

BRIEF-Fenix Resources Extends Hedging Arrangements. ... Dec 30 (Reuters) - Fenix Resources Ltd: * EXTENDED HEDGING ARRANGEMENTS TO ENSURE COVER IN ...

Efforts to develop zero emissions steel are at an early stage Fortescue Metals Group backs new attempt to use low grade iron ore in green steelmaking Coal exports are forecast to outstrip iron ore for the next two financial years Green st...

Fortescue Metals Group boss Andrew Forrest says green energy focused FMG will pursue value over volume in flagship iron ore business Actually also looking to increase volumes, with new high grade mine in Pilbara and African exploration pus...

Iron ore prices posted a recovery on Monday as China relaxed some of its previously steadfast Covid measures Steel mills are still loss-making in China, with a real bounce in demand needed to bring prices back above US$100/t But experts sa...

Iron ore roared back to life yesterday on news China was starting to alter its Covid settings and provide credit support to property developers Prices surged to their highest level in a month, almost touching US$96/t in Singapore intra-day...

Equities had a strong week after article in the Wall Street Journal postulated that US Fed might go a little slower on rate rises Brave punters who want to take a countercyclical investment could look at quality West African gold explorers...

AQC faces roadblocks in its bid to revive Dartbrook coal mine, while New Hope gets approval for New Acland coal extension after 13 years New coal supply is slowly emerging, but the market is expected to remain tight with wet weather expect...

BHP iron ore boss Brandon Craig says South Flank grade variability won’t hit price realisation in the Pilbara The world’s biggest miner has started a trial to manufacture ore cars in WA Junior iron ore miner Fenix bucks the inflation trend...

Iron ore miners are funding a wave of new developments, despite red flags in the Chinese steel market While miners are long term bulls, the short term outlook is clouded by China’s economic issues and Covid Zero policy The gap between low...

Fully-integrated mining, logistics and haulage business Fenix Resources has produced and sold its  two millionth dry metric tonne of iron ore from its flagship Iron Ridge iron ore project in Western Australia. It was shipped in mid-Septembe...

ShareCafeBear market bounce, as Musk revives his bid for Twitter                    Stocks surged Tuesday as Wall Street built on a sharp rally seen in the previous session as bond yields continued to fall. The Dow Jones Industrial Av...

BHP says cumulative steel demand in the next 30 years will double that of the last 30, arguing the commodity will be a net beneficiary of decarbonisation and climate change The changing environment alone could drive increase in demand equa...

Iron ore prices received a bump after Covid lockdowns in Chengdu were relaxed But they quickly retreated, with analysts saying a decision on whether to end China’s Covid Zero policy could be a big turning point for the commodity Like it or...

It’s the canary in the, well, you’ve probably read enough of these by now to know the idiom. For iron ore prices that is steel production in China and downstream demand from things like car production, infrastructure and property developme...

ASX 200 eeks out 0.3% Small caps index barely finds 0.2%  Economists forecast RBA to go a 50bps rate rise tomorrow   The local market is not covering itself in glory on Monday, September 5. The S&P/ASX 200 has risen on the strength o...

Fenix Newhaul was an incorporated joint venture company established in May, 2019, to implement the strategic alliance between Fenix Resources and ...

ASX 200 sinks 2% Small caps get crushed, down 2.5%  Region, AUD and miners sink on weaker China activity   The local market is being dragged to hell by mining, materials and gold stocks, which are down between 4% and 5%. The S&P/ASX...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

“Fenix will be greatly enhanced by the addition of Craig Mitchell and Stuart Ausmeier to our team,” Fenix Resources chair John Welborn said. “I am ...

ShareCafeSecond wave of European inflation on its way, as energy crisis sees costs spiral                    Stocks fell for a fourth straight day on Wednesday, the last day of August, putting the summer market comeback in doubt as in...

Mineral Resources and global partners approve $3bn Onslow iron ore mine day before prices drop below US$100/t Chinese steel giant Baowu will both have a stake in the mine and market up to 75% of MinRes’ product Coal prices remain ridiculou...

The S&P/ASX 200 Index (ASX: XJO) slid 1.95% today, but one ASX iron ore share jumped ahead on the release of its FY22 results. The Fenix Resources Ltd (ASX: FEX) share price gained 5.88% today to trade at 36 cents. Let’s take a loo...

Coal miners will be watching international markets closely tonight as a ban on Russian coal proposed by the European Commission back in April comes into effect. Ever since Russia’s invasion of Ukraine, the frailty of European energy markets...

Dividend investing is a good option for those who want a regular income stream from their stock investment; Recently, Fenix Resources completed ...

Goldman Sachs analysts say iron ore prices could drop faster than expected on bearish steel sentiment But iron ore prices have strengthened as steel margins have improved and Chinese authorities have moved to support its property market an...

Twiggy a happy little Vegemite as he ups his stake in Bega Cheese Entrepreneur Craig Mitchell becomes substantial shareholder in Fenix Resources after it buys other half of his company UBS sells out of Link Administration days before it a...

Fenix Resources managing director Rob Brierley has resigned after four years with the business amid what has been dubbed a “comprehensive ...

Fenix Resources is a Western Australian-based iron ore producer, operating its flagship Iron Ridge Iron Ore Project in the mid-west mining region of ...

Jindalee Resources has diamond drill spinning in new McDermitt Lithium Project program · Fenix Resources takes ownership in haulage business to ...

Fenix Resources takes ownership in haulage business to 100%;... 1 hour, 48 minutes ago. Jindalee Resources Ltd - Jindalee Resources has diamond ...