Fenix Resources: Corporate Video

Описание: Fenix Resources 2024 Corporate Video

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ABOUT FENIX RESOURCES

Fenix Resources (ASX: FEX) is a highly profitable, fully integrated mining, logistics and port services business with assets in the Mid-West region of Western Australia.

Fenix operates a unique fully integrated mining and logistics business. High quality iron ore products are transported by road to Geraldton using the Company’s 100% owned Newhaul Road Logistics haulage and logistics business. Fenix’s wholly owned Newhaul Port Logistics business operates its own loading and storage facilities at the Geraldton Port, with storage capacity of more than 400,000 tonnes and loading capacity of more than 5 million tonnes per annum.

Fenix’s diversified Mid-West iron ore, port and rail asset base provides an excellent foundation for future growth. These assets include the Iron Ridge mine, the Beebyn-W11 Deposit, the Twin Peaks Iron Ore Mine, the Shine Iron Ore Mine, the Newhaul Road Logistics haulage business which includes a state-of-the-art road haulage fleet, two rail sidings at Ruvidini and Perenjori, as well as the Newhaul Port Logistics business that operates three on-wharf bulk material storage sheds at Geraldton Port.

The Company’s 100% owned, flagship Iron Ridge Iron Ore Mine is a premium high grade, high margin, direct shipping iron ore operation located approximately 360km northeast of Geraldton that hosts some of the highest-grade iron ore in Western Australia. Production commenced at Iron Ridge in December 2020 and is currently operating at the production run rate of 1.43 million tonnes per annum. Fenix will substantially increase its production profile with the addition of the 1.2 million tonne per annum Shine Iron Ore Mine and the 1.5 million tonne per annum Beebyn-W11 Project, due to be in production in lateQ4 2024 and earlyQ1 2025 respectively. The Company confirms that all material assumptions underpinning the production targets first disclosed to the market continue to apply and have not materially changed.

The Company is led by a proven team with deep mining and logistics experience and benefits from strategic alliances and agreements with key stakeholders, including the Wajarri Yamaji people who are the Traditional Custodians of the land on which Fenix is currently operating.
Fenix is focused on promoting opportunities for local businesses and the community. The Company has generated more than 200 local jobs. Fenix is proud to have a strong indigenous representation in the Company’s workforce and to be in partnership with leading local and national service providers.

We acknowledge the Wajarri Yamaji people as the Traditional Custodians of the land our Iron Ridge Project is located on. We pay our respects to elders and leaders past, present and emerging.

Follow Fenix Resources
Website: https://fenixresources.com.au
LinkedIn: www.linkedin.com/company/fenix-resources
Twitter: twitter.com/Fenix_Resources
Join Fenix’ Mailing List: https://fenixresources.com.au/subscribe

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Disclaimer - Not Financial Advice. The content of this video is considered news and for information only.