Fenix Resources (ASX: FEX) Webinar Replay – December 2024 Quarterly Results

Описание: On Friday, 24 January 2025, Fenix Resources' Executive Chairman, John Welborn, hosted an investor webinar detailing the Company's operational progress, strategic direction and growth plans.

Fenix delivered a transformational December 2024 quarter, achieving significant milestones in its strategy to triple annual iron ore production to 4Mtpa in 2025. The Shine Iron Ore Mine commenced operations at full Stage 1 capacity, complementing the consistent performance of the Iron Ridge Mine. Fenix shipped a record 593,580 wet metric tonnes (wmt) of iron ore during the quarter, while consolidated C1 cash costs averaged A$82.8/wmt, generating a net operating margin of A$31 per dry metric tonne. The company expanded its portfolio with strategic acquisitions of the Beebynganna Hills and Beebyn North tenements and progressed approvals for the Beebyn-W11 project, set to commence production in 2025. Fenix ended the quarter with A$56.9M in cash, reinforcing its ability to fund growth while delivering strong operational results.

Chapters
0:00 – Welcome and Introduction by Dannika Warburton
3:15 – Investor Q&A
3:28 - Critical Steps to Achieve 4Mtpa Production Expansion, Particularly for Beebyn-W11
5:58 – Shine's Role in Growth, Transitioning from Low Grade Stockpiles to Mining Higher Grade Areas
10:08 – Longer Term Consolidated C1 Costs
11:35 – Is FEX Seeing Any Inflationary Pressures?
13:43 – Capital Allocation and Expenditure for Growth: Does Bringing Beebyn-W11 Online Signal an End to the Capex Cycle?
18:14 – Dividend Plans
21:30 – Crystal Ball: Expectations for the Iron Ore Market in 2025
23:27 – Hedging Strategy and Currency Impact
25:12 – Beebynganna Hills and Beebyn North Exploration
27:04 – How will the recently constructed Ruvidini Inland Port Terminal improve operational performance for Fenix?
29:41 – Geopolitical Risks and Alternative Iron Ore Export Markets Outside China?
31:46 – Inorganic Growth Opportunities in the Mid-West
33:19 – Long-Term Vision for Fenix

📄 View Announcement (23 January 2025): https://wcsecure.weblink.com.au/pdf/F...

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