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Fenix Resources Delivers Record Shipment in Fiscal Year 2026

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Fenix Resources (ASX:FEX) delivered a record 4.4 million wet metric tonnes shipped in fiscal year 2026 and 21 shipments totaling 1.3 million wet metric tonnes during the quarter ended June 30, according to a Tuesday filing with the Australian bourse.

The company shipped 2.4 million wet metric tonnes in fiscal year 2025, the filing said.

The company anticipates generating total iron ore sales of 4.7 million tonnes to 5.3 million tonnes at a C1 cash cost of between AU$70 per wet metric tonne and AU$80 per wet metric tonne on a free-on-board basis for the fiscal year 2027.

The forecast is consistent with the three-year production plan for fiscal years 2026 to 2028 and maintains cost guidance at fiscal year 2026 levels, per the filing.

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