Articles On Fenix Resources (ASX:FEX)

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 ...

Mineral Resources could face a deadline in its efforts to create a new magnetite iron ore province in WA’s Yilgarn region Fenix Resources shares drop despite $29m profit as dividend more than halves Bowen Coking Coal retools as Bathurst R...

Fenix Resources Ltd (ASX:FEX) has achieved a 2023 net profit of $29.3 million on the back of 1.36 million wet metric tonnes (wmt) sales of ...

Fenix Resources (ASX:FEX) produced and sold 1.36 million tonnes of iron ore in FY23 generating annual sales revenue of $196.8 million and delivering a net profit after tax of $29.3 million. In its financial results for the year ended 30...

Stockhead’s Top 10 at 10, published when it’s good and ready 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 b...

BHP sees cost support for iron ore prices at between US$80-100/t It suggests strong margins could remain in place for a while, even as majors look to ramp up iron ore supply and questions hover over Chinese steel demand The process to sel...

Sonia Madigan: John Welborn is the Chairman of Fenix Resources (FEX). We’re here at Kalgoorlie Diggers & Dealers today. Now, you’ve brought in some samples here of iron ore. Tell us about this, where it’s from and who you are....

IEA predicts coal demand will remain around record levels in 2023, driven by China, India and South-East Asia Exports of thermal and met coal could outstrip 2019 record Rio boss admits China steel may have peaked Coal is on the nose with...

Iron ore prices have arguably outperformed in 2023, remaining at strong, profitable levels for producers despite concerns China’s return from Covid may not be all it’s cracked up to be. The market was on a rampage earlier this week amid hop...

Fenix Resources boss John Welborn says the company is looking to rein in costs and boost its scale to keep growing the iron ore junior.

Iron ore producer Fenix Resources (ASX:FEX) has completed the acquisition of Mount Gibson’s (ASX:MGX) Mid-West iron ore and port assets in Western Australia.  Fenix, which has a $196.59 million market capitalisation, has acquired the Shine...

Fenix Resources has completed the acquisition of Mount Gibson Iron’s Mid-West iron ore, port and rail assets. In June 2023, Mount Gibson reached conditional agreement to divest its Mid-West hematite iron ore mining and infrastructure asset...

Iron ore producer Fenix Resources has finalised its acquisition of Mount Gibson Iron's Mid West iron ore, port and rail assets.

Shares finished flat ahead of major decisions by central banks Core Lithium plunges after quarterly update The Fed to raise interest rates by 25 basis points   Local shares closed flattish on Monday as traders looked for direction ahead o...

Fenix Resources Ltd (ASX:FEX) has completed the acquisition Mount Gibson Iron (ASX:MGX) Ltd's Mid-West iron ore, port and rail assets in a ...

The company I will write about, Fenix Resources, is in the latter camp. It produces high-grade iron ore product from Iron Ridge in WA, ...

Listen to ASX-listed Fenix Resources Chairman John Welborn talk to Matt Birney on the Bulls N' Bears Report about Fenix' remarkable iron ore mine ...

Fenix Resources (ASX:FEX) has established new iron ore hedging contracts for a total of 10,000 dry metric tonnes (dmt) or iron ore per month from July to December 2023.  The company says the new contracts have been added to its existing iro...

Fenix Resources Ltd (ASX:FEX) chairman John Welborn chats to Proactive after the iron ore stock acquired fellow ASX-lister Mount Gibson Iron ...

To reduce the impact of iron ore price fluctuations on its profitability, Fenix Resources Ltd (ASX:FEX) has entered into new swap contracts to ...

It’s the last day of the financial year and significant changes are set to take place from tomorrow. Australia’s minimum wage will increase to just above $23 per hour. Superannuation figures will also increase from 10.5 per cent to 11 p...

Fenix Resources (FEX) establishes new iron ore hedging contracts to secure stable sales volumes for the coming months The company adds 10,000 dmt per month from July to December 2023 Fenix now has contracts for a total of 50,000 dmt p...

Futures suggest the ASX will open in the green, ending the financial year on a positive note. The US Federal Reserve is expected to continue hiking rates at its next meeting after stronger-than-expected economic data suggests the “modera...

Iron ore producers Fenix Resources is taking over Mount Gibson's Mid West iron ore assets and port facilities built up over spending two decades ...

Specifically, Fenix Resources (ASX:FEX) is acquiring the 'shovel-ready' Shine Iron Ore Mine, two storage sheds at Geraldton Port, two Mid-West ...

Iron ore miner Fenix Resources is expanding to become a bulk commodity logistics operator for other resources, including lithium, by purchasing WA ...

WA Government pledges ‘education-first’ approach to enforcing much-criticised Aboriginal Heritage Act Fenix snaps up Mt Gibson assets in bid to lower costs and boost scale of Mid West iron ore business   The mining industry has won a grea...

Fenix Resources is set to buy Mount Gibson Iron's Shine iron ore mine on care and maintenance and its rail and port assets in the Mid West under a ...

Iron ore producer Fenix Resources (ASX:FEX) has entered a binding agreement with Mount Gibson Iron (ASX:MGX) to acquire its Mid-West iron ore and port assets in Western Australia. Under the agreement, the company will acquire the Shine Iron...

In a potentially “game-changing” development, Fenix Resources Ltd ... in its iron ore resource base which will underpin production growth.

Junior rival Fenix Resources boosted its port and logistics footprint in the region and at Geraldton Port through a $25 million deal with Mt ...

Mount Gibson Iron sells Mid West assets to Fenix Resources for $25 ... deal which will see it become a major stakeholder in Fenix Resources.

Good morning to you all. The good news is that the ASX posted its best one-day gain since April yesterday, after way better than expected CPI data for May had investors punting that the RBA is likely to keep things on hold next week, after...