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Fenix harvests cash from iron ore boom

Profit healthy but interim dividend on hold due to a lack of franking credits

Haydn Black
Fenix is reaping healthy profits from Iron Ridge

Fenix is reaping healthy profits from Iron Ridge

The company reported a price of US$126 per tonne for the half, generating revenue of A$155 million from sales of 698,000 wet metric tonne from its Iron Ridge mine, with a net profit after tax of $14 million....

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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