Articles On Fenix Resources (ASX:FEX)

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 ...

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, ...