Fenix Resources Ltd
FEX.ASXMaterials
Western Australian integrated mining, logistics and port services business
Market Data
$0.288
+0.0%$215.8M
15.7x
$0.018
3.57%
-0.3%
Latest Earnings
Half Year Results - Record Production and Earnings
25 February 2026
Fenix Resources delivered record H1 FY26 results with 2.1Mt iron ore shipped (up 126%), driving EBITDA of A$48.6M (up 137%) and NPAT of A$9.7M (up 419%). The company secured a transformational 30-year mining agreement for the 290Mt Weld Range project with Baowu, providing a pathway to 10Mtpa production and mine life to 2042. Key points: Record iron ore shipments of 2.1Mt, up 126% from prior corresponding period; Strong cash generation with operating cash flow of A$56.0M (up 422%) and cash position of A$78.6M; Secured transformational 30-year Right to Mine Agreement with Baowu for 290Mt Weld Range project
Recent Announcements
FY26 Production Update and FY27 Guidance
Fenix Resources Ltd achieved FY26 production guidance of 4.4 million wet metric tonnes with record June Quarter shipments of 1.3Mt (up 33% on prior quarter), and has issued FY27 guidance targeting 4.7-5.3Mt at C1 cash costs of A$70-80/wmt, representing a 14% production increase while maintaining cost discipline.
Half Year Results - Record Production and Earnings
Fenix Resources delivered record H1 FY26 results with 2.1Mt iron ore shipped (up 126%), driving EBITDA of A$48.6M (up 137%) and NPAT of A$9.7M (up 419%). The company secured a transformational 30-year mining agreement for the 290Mt Weld Range project with Baowu, providing a pathway to 10Mtpa production and mine life to 2042. Key points: Record iron ore shipments of 2.1Mt, up 126% from prior corresponding period; Strong cash generation with operating cash flow of A$56.0M (up 422%) and cash position of A$78.6M; Secured transformational 30-year Right to Mine Agreement with Baowu for 290Mt Weld Range project
Appendix 4D
Fenix Resources delivered exceptional half-year results with revenue from continuing operations surging 125% to $294.2M and net profit attributable to owners skyrocketing 419% to $9.7M for the six months ended 31 December 2025. The company maintains its annual dividend policy but did not declare a dividend for this period, focusing on maintaining balance sheet strength for future funding requirements. Key points: Revenue from continuing operations surged 125% to $294.2M; Net profit attributable to owners jumped 419% to $9.7M; Net tangible assets per share increased to $0.21 from $0.20
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