FEX – Fenix Resources Ltd

🔒

Subscribe for full access

Unlock Industry-grade Shariah Compliance for US, UK, Canada, Germany, GCC, Europe and India. See results from 5 major Shariah standards: AAOIFI, S&P, DJIM, FTSE and MSCI.

We provide unparalleled value and service.
Screened by AAOIFI Certified Shariah Advisor & Auditor.

Get started from just $3.99/month

N/A

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0

Company Profile

Fenix Resources Ltd is an Australia-based company, which is engaged in the mining and production of iron ore. The Company is engaged in exploring, developing, and mining mineral tenements in Western Australia. The Company’s 100% owned, flagship Iron Ridge Iron Ore Project hosts a high-grade compliant resource of 9.8 metric tons of 64.4% iron, which represents the highest iron ore in Western Australia. It operates through two segments: Iron Ridge Project and Trucking Joint Venture. The Iron Ridge Iron Ore Project is located approximately 600 kilometers (km) north-northeast of Perth and approximately 67 km northeast of the township of cue in the Murchison region. It holds three licenses (L20/83, L20/84, and L20/85) in Iron Ridge Iron Ore Project. The haulage and logistics services to its Iron Ridge Project is provided through Fenix-Newhaul Pty Ltd (Fenix-Newhaul). The Fenix-Newhaul business provides additional logistics support to its operating iron ore loading facilities at Iron Ridge.

We do our best to screen stocks as accurately as possible. Please let us know in the comments if you spot an error or find something questionable. Jazaak Allahu khairan

Responses