BUZZ-Australia's Fenix Resources rises on record quarterly iron ore shipments

Reuters
Jan 05
BUZZ-Australia's Fenix Resources rises on record quarterly iron ore shipments

** Shares of Fenix Resources FEX.AX rise as much as 9.4% to A$0.525, hitting their highest level since Nov. 4

** Stock logs its best intraday pct gain since Dec. 11

** Iron ore miner ships record 1.2 million wet metric tonnes in December qtr, co's highest ever quarterly shipment volume

** Co reconfirms FY26 forecast for total iron ore sales

** Stock rose 83% in 2025, its best year since 2020

(Reporting by Rajasik Mukherjee in Bengaluru)

((Rajasik.Mukherjee@thomsonreuters.com))

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