Fenix Resources reports record quarterly iron ore production in the June quarter of 2026

The Australian mining company Fenix Resources Limited has published a quarterly report for the three months ended June 30 this year. In this quarter, the company produced about 1.29 million tons of iron ore, which is 70.9 percent more than a year earlier. The company reached a record production level for the quarter in June 2026.

Fenix reported that total iron ore sales for fiscal year 26 amounted to 4.4 million tons, which corresponds to the revised production forecast of 4.2-4.8 million tons, which was increased from the initial forecast of 4.0-4.4 million tons announced in July 2025. Record quarterly iron ore shipments demonstrate continued successful production growth and scalability. The company's integrated "from quarry to port" model, as well as the company's resilience to volatility in diesel fuel prices and freight rates.

During the quarter, the company loaded 21 vessels, compared with 16 in the previous quarter and 13 a year earlier.

Fenix plans to sell iron ore at 4.7–5.3 million tons in fiscal year 27. The company said it will continue to work on the final feasibility study of its Weld Range project, while operating its existing integrated iron ore shipping business from the quarry to the port.