Australian iron-ore producer Fenix Resources on Thursday reported record shipments and maintained its full-year 2026 guidance as its integrated pit-to-port operations continued to perform strongly during the September quarter.
Despite headwinds in financing and power markets, Iron Road said its focus remains on long-term value creation through the CEIP and associated downstream opportunities.
The world’s second-largest miner shipped 84.3-million tonnes of iron-ore from its Pilbara operations in Western Australia in the three months to September