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Fenix's Formidable Ferrous Feat: Four-Million Metric Triumph
Fenix Resources delivered transformational FY25 results, achieving record 2.4 million metric tons iron ore production across three Western Australian mines. The company successfully evolved from single-mine operation to multi-mine 4 million metric tons per annum producer. Despite challenging iron ore prices declining 15%, Fenix maintained strong financial performance generating $54.3 million AUD EBITDA. The Board declared 1 cent fully franked dividend demonstrating confidence in future earnings. FY26 guidance targets 4.0-4.4 million metric tons production at competitive costs, positioning Fenix for continued growth.
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