ASX:FEXMetals and Mining
Fenix Resources (ASX:FEX) Is Down 7.4% After Issuing FY26 Iron Ore Production And Cost Guidance
Fenix Resources Limited recently issued production guidance for the financial year ending 30 June 2026, targeting total iron ore sales of 4.2 million tonnes to 4.8 million tonnes at a C1 cash cost of A$70/wmt to A$80/wmt FOB Geraldton.
This guidance gives investors clearer visibility into Fenix’s expected scale and cost position, providing a reference point for assessing operational efficiency and competitiveness.
Next, we’ll examine how this new production and cost guidance shapes Fenix...