Fenix Resources (ASX:FEX) has completed the maiden shipment of 60,000 wet metric tonnes of iron ore lump product grading 62% iron from the Beebyn-W11 Mine in the Weld Range of Western Australia.
The shipment left Beebyn-W11 to Geraldton Port using an expanded fleet of quad road trains, owned and operated by Fenix’s subsidiary Newhaul Road Logistics.
To support Fenix’s expanding mining volumes, Newhaul has constructed a new state-of-the-art haul truck servicing and maintenance workshop, office facility and driver wellness hub at the 30-hectare site in the Narngulu Meru commercial industrial zone in Geraldton.
Beebyn-W11, Fenix’s third operating mine, is now operating at the planned FY2026 production rate of 1.5 million tonnes per year. As a result, the company is now mining, hauling, loading, and shipping at a combined run rate of more than 4 million tonnes per year from the three mines.
Executive Chairman John Welborn says the company has now tripled its annual iron ore production rate, while at the same time, continuing to reduce operating costs.
“Fenix’s integrated business model and strategic Mid-West infrastructure has significant additional scale potential,” Welborn says.
“Our strategy remains to expand and improve our resource inventories to enable further production growth while targeting opportunities to further reduce our costs of production.”
Beebyn-W11 is an iron ore deposit which has a resource of 20.5 million tonnes @ 61.3% iron.
Fenix Resources is a mining, logistics, and port services company with a diversified Mid-West iron ore, port, and rail asset base.
Write to Aaliyah Rogan at Mining.com.au
Images: Fenix Resources
