Articles On Fenix Resources (ASX:FEX)

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 ...

Fenix Resources has signed definitive agreements to acquire 100 per cent ownership in haulage joint venture, Fenix-Newhaul.

Rising inflation has put the spotlight on the ability for corporates to maintain profit margins Which sectors are the most inflation resistant ASX stocks with the highest and lowest profit margins The shock headline US CPI print of 9.1%,...

Fenix Resources boss Rob Brierley says weakness in iron ore supply means prices will be set by demand Iron ore futures in Singapore hit 2022 low as China’s steel mills drop prices Coal miners begin to look cheap again as thermal prices pic...

Fenix Resources boss Rob Brierley says the junior iron ore miner is zeroing in on acquisition opportunities after taking full control of its haulage joint venture company.

Fenix Resources (FEX) sold roughly 344,000 wet metric tonnes (wmt) of iron ore from its Iron Ridge project in the June quarter This takes the total amount shipped to 1.84 million wmt from the WA project since the first shipment early last...

Fenix Resources is an iron ore producer based in Western Australia. The company with over AU$157-million market capitalisation has an annual dividend ...

Fenix Resources has inked a deal to acquire Newhaul's stake in a haulage joint venture between the two companies for an initial $16.5 million.

Fenix Resources buys out haulage JV to take control of logistics, mimicking the structure of the Pilbara majors Rio Tinto opens 43Mtpa Gudai-Darri mine in the Pilbara as junior Strike prepares first shipment from Paulsens East Queensland c...

Western Australian iron ore producer Fenix Resources has signed definitive agreements to acquire Fenix-Newhaul in full, by snapping up Newhaul’s 50 per cent interest in the business. Factoring in the cash and equity consideration of the tra...

Recce Pharmaceuticals jumps on positive safety data during trial dosing participants with anti-infective · Fenix Resources moves to full ownership ...

Fenix Resources moves to full ownership in Mid-West haulage business · Sunstone Metals to quadruple landholding through acquisition near El Palmar ...

Fenix Resources Ltd (ASX:FEX) is positioning itself as a fully integrated mining, haulage and logistics company thanks to its latest acquisition.

Fenix Resources (FEX) signs a deal to acquire full ownership of the joint venture haulage business Fenix-Newhaul The parties have signed definitive agreements, where Fenix will buy Newhaul’s 50 per cent interest or $16.5 million in cash an...

Iron ore miners suffered a heavy sell-off yesterday as commodity prices fell on fears of Covid lockdowns in China Iron ore and steel market observer Mark Eames says there is more upside than downside thanks to the tight supply-demand balan...

... Aurumin logs multiple instances of visible gold in first diamond hole at Central Sandstone Project · Fenix Resources extends iron ore swap ...

ShareCafeEvening Report: 9 June, 2022 by Melissa Darmawan   The Australian sharemarket fell to a four week low pulled down by banks as concerns of rising interest rates and bad debts weighed on investor sentiment. Adding to the fears were n...

High-grade Western Australian iron ore producer Fenix Resources has fixed a price of $180.65 per dry metric tonne for 35,000DMT per month for the period from October 2022 to June 2023. The new iron ore hedging extends the company’s existing...

ShareCafeLunch Report: 9 June, 2022 by Melissa Darmawan   The major banks weigh on the Australian sharemarket after the Reserve Bank of Australia announced its outsized interest rate hike this week. Investors are concerned about the impact...