Fenix Resources (ASX: FEX) — Company Overview, News & Financial Data
Fenix Resources operates the high-grade Iron Ridge Iron Ore Project in Western Australia, focusing on efficiency.
Fenix Resources
Fenix Resources is a mining and logistics company operating in the Mid-West region of Western Australia. The company maintains an integrated pit-to-port supply chain that encompasses iron ore mining operations, bulk road haulage, and port export handling facilities. Its asset portfolio includes direct shipping iron ore deposits at Iron Ridge, Shine, Beebyn-W11, and the Weld Range project. Fenix operates a dedicated transport fleet to haul iron ore from regional mine sites to port facilities at Geraldton, where it manages bulk storage sheds and vessel loading infrastructure to facilitate global export shipments.
Snapshot
Products and/or services of Fenix Resources
- Iron Ore Mining: Direct shipping iron ore production from open-pit mining operations in Western Australia's Mid-West region, supplying high-grade hematite iron ore products directly for export to international steelmaking customers.
- Resource Development: Large-scale iron ore development assets featuring 290 million tonnes of resources in Western Australia, supporting long-term mine life extension and scalable annual production expansion up to ten million tonnes.
- Regional Ore Mining: Secondary open-pit iron ore deposits located across the Mid-West region, producing supplemental high-grade direct shipping iron ore to support continuous export processing and shipping throughput.
- Direct Shipping Ore Production: Open-pit mining operations targeting high-grade iron ore deposits, supplying lump and fines ore products directly to overseas customers without requiring complex processing or beneficiation steps.
- Bulk Road Haulage: Dedicated heavy haulage road transport operations delivering continuous bulk material transportation from regional mining sites in Western Australia directly to port handling and export facilities.
- Port Storage and Export Handling: On-shore storage sheds, ship loading infrastructure, and dedicated berth operations at regional port facilities, managing bulk receiving, stockpiling, and vessel loading for global export shipments.
Fenix Resources executive team
- John Paul WelbornExecutive Chairman
- Christopher J. HuntChief Financial Officer
- Fernando PereiraChief Operating Officer
- Adrian ThirdChief Marketing Officer
- Goran SeatChief Development Officer
- Natalie TeoCompany Secretary
- Michael RoglichFinancial Controller
Latest news about Fenix Resources
Fenix Resources reports output and lower cash position in September quarter
AustraliaFenix Resources posts $589.7M FY26 revenue
AustraliaFenix Resources hits full year production target
AustraliaFenix Resources secures US$44M funding as shares rise
AustraliaQoria surges as Aura merger gains strong momentum
AustraliaFenix Resources logs half-year production, earnings
Australia
Recent announcements
What Fenix Resources (FEX) has told the market, newest first.
- Annual General Meeting Information
- Fenix partners with Mira Bulk to target lower shipping costsPrice sensitive
Dividend history
Dividends per share paid by Fenix Resources, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2027(to date) | $0.0100 | — | — | $0.4180 |
| FY2026 | $0.0100 | — | — | $0.0100 |
| FY2024 | $0.0200 | — | — | $0.0200 |
| FY2023 | $0.0525 | — | — | $0.0525 |
| FY2022 | $0.0525 | — | — | $0.0525 |
Key financials
Reported results for Fenix Resources, in AUD.
- Market cap
- 146.4M
- Revenue (TTM)
- 589.7M
- P/E ratio
- 19.0
- EPS (diluted, TTM)
- 0.0
- Dividend yield
- 5.4%
- Profit margin
- 2.1%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 589.7M | 28.1M | 12.5M | |
| 316.1M | 8.3M | 5.4M | |
| 259.2M | 49.4M | 33.6M | |
| 196.9M | 31.2M | 29.3M |