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Fenix Resources Limited ( (AU:FEX) ) has shared an update.
Fenix Resources Limited has secured exclusive mining rights to the 290 million tonne Weld Range Iron Ore Project through a landmark 30-year agreement with Baowu, significantly enhancing its growth prospects. The company achieved record operational performance in the September 2025 quarter, with increased iron ore shipments and successful commissioning of its third mine, Beebyn-W11, positioning Fenix for sustainable long-term shareholder value.
The most recent analyst rating on (AU:FEX) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Fenix Resources Limited stock, see the AU:FEX Stock Forecast page.
More about Fenix Resources Limited
Fenix Resources Limited operates in the mining industry, focusing primarily on iron ore production. The company is known for its high-grade iron ore resources and has established a significant market presence through strategic partnerships, such as with Baowu, the world’s largest steel producer.
Average Trading Volume: 2,100,433
Technical Sentiment Signal: Buy
Current Market Cap: A$342.5M
Find detailed analytics on FEX stock on TipRanks’ Stock Analysis page.