In the specified fiscal year, the company produced 2.60 million tons of iron ore, which is 71.7 percent more than in the previous fiscal year, due to the commissioning of the Shine project, while its total supplies increased by 64.3 percent to 2.40 million tons.
Fenix Resources shipped 1.34 million tons of iron ore from its Iron Ridge mine in Western Siberia Australia in the same year, down 8.1 percent from the previous year, while shipments from the Shine mine totaled 1.06 million tons. 41 shipments, consisting of 1.08 million tons of pieces and 1.32 million tons of fines, were sold during the 2024-25 fiscal year.
As previously reported by SteelOrbis, Fenix has started production at its new Beebyn-W11 mine at a rate of 1.5 million tons per year. Fenix plans total sales of iron ore during the 2025-26 fiscal year in the range of 4.0-4.4 million tons
.
