Fenix Resources Limited · ASX:FEX
Fenix Resources — Shareholder Meeting (November 2023)
25 slides from Fenix Resources's shareholder meeting presentation, Nov 24, 2023
Slide 1: 2023 Annual General Meeting
For personal use only 2023 Annual General Meeting ASX : FEX 24 NOVEMBER 2023
Slide 2: Important Disclosure
IMPORTANT DISCLOSURE This Presentation has been approved by the Board of Fenix Resources Limited. Disclaimer The material in this presentation has been prepared by Fenix Resources Limited (“Fenix”) and is general background information on Fenix. This information is given in summary form and does not
Slide 3: Success in WA's Mid-West
For personal use only SUCCESS IN WA’S MID-WEST 1. Iron Ore 2. Logistics 3. Port Services ASX: FEX | 3
Slide 4: 1. Iron Ore Portfolio
For personal use only 1. IRON ORE PORTFOLIO ASX: FEX | 4
Slide 5: Iron Ridge Iron Ore Mine
IRON RIDGE IRON ORE MINE Flagship asset - producing high margin, premium iron ore at a steady-state run-rate of 1.3 million tonnes per annum • Fenix's wholly-owned Iron Ridge Mine hosts some of the highest- grade iron ore in WA with iron grades increasing with depth For personal use only • Mineral R
Slide 6: Beebyn-W11 Iron Ore Deposit
BEEBYN-W11 IRON ORE DEPOSIT 10 million tonne Right to Mine from Sinosteel Targeting production growth and mine life extension • In October 2023 Fenix acquired the right to mine and export 10 million tonnes of high-grade iron ore from the Beebyn-W11 iron For personal use only ore deposit in the Weld
Slide 7: Twin Peaks Iron Ore Mine
TWIN PEAKS IRON ORE MINE 500,000 tonne Ore Purchase Agreement secured by Fenix Provides immediate boost to Fenix production • Right to purchase and export up to 500,000 tonnes of high-grade (+60% Fe) iron ore from 10M Pty Ltd’s Twin Peaks Iron Ore Project, located For personal use only 200km north-e
Slide 8: Shine Iron Ore Mine
SHINE IRON ORE MINE Shovel-ready project which provides optionality for Fenix to market high-quality blended iron ore products For personal use only • Fenix acquired the Shine Iron Ore Mine in July 2023 - an open pit mine located 230km east of Geraldton • The Shine Iron Ore Mine has a Mineral Resour
Slide 9: 2. Logistics
For personal use only 2. LOGISTICS ASX: FEX | 9
Slide 10: Haulage – Road
HAULAGE – ROAD Technology driven, state-of-the-art fleet • Fenix owns 100% of Fenix-Newhaul Pty Ltd, which currently provides haulage services from Iron Ridge to For personal use only Geraldton Port • Haulage fleet includes 30 x 200-tonne quad road trains • Tier 1 haulage provider, deploying cutting
Slide 11: Haulage – Rail
HAULAGE – RAIL Two rail sidings at key locations in the Mid-West • Fenix owns the ideally-located Perenjori and Ruvidini rail sidings For personal use only • The rail sidings include assembly locations sufficient for product storage and blending activities • Provides access to the Mid-West rail netw
Slide 12: 3. Port Services
For personal use only 3. PORT SERVICES ASX: FEX | 12
Slide 13: Geraldton Port
GERALDTON PORT Strategic Infrastructure advantage, superb facilities and valuable export agreements • Lease agreement and export allocation at Geraldton Port • Fenix owns 3 large on-wharf storage facilities at Geraldton For personal use only Port with warehouse capacity of ~400,000 tonnes • Fenix ca
Slide 14: Monetising Infrastructure Advantage to Unlock Mid-West Potential
MONETISING INFRASTRUCTURE ADVANTAGE TO UNLOCK MID-WEST POTENTIAL Uniquely positioned to offer mine-to-port solutions for third-party regional producers • Compelling mine-to-port offering: Fenix’s powerful infrastructure position at Geraldton port, paired with its 30-roadtrucks and multiple rail sidi
Slide 15: Community
For personal use only COMMUNITY ASX: FEX | 15
Slide 16: Fenix Connections: Fostering Livelihoods in the Mid-West
FENIX CONNECTIONS: FOSTERING LIVELIHOODS IN THE MID-WEST Fenix Connections Scan QR code to see Community Contribution and Enrichment Program For personal use only our community in the Mid-West Chairman John Welborn and Hon David Michael MLA, the WA Minister for Ports; • Fenix Connections, our commun
Slide 17: Strong Relationships with Traditional Owners
STRONG RELATIONSHIPS WITH TRADITIONAL OWNERS Working together with the Wajarri Yamatji People to develop future business leaders For personal use only • Fenix champions Indigenous businesses and supported the establishment of: • Schwarze Brothers (ship loader operations at Geraldton Port) Heritage s
Slide 18: A Focus on Innovation and Training
A FOCUS ON INNOVATION AND TRAINING Kickstart Academy: investing to upskill existing drivers and the next generation For personal use only • Fenix-Newhaul is at the forefront of driver training, safety and performance and has developed a “first of its kind” world-class truck driving simulator • Our t
Slide 19: Strategic Pathway
For personal use only STRATEGIC PATHWAY ASX: FEX | 19
Slide 20: Strong Track Record
STRONG TRACK RECORD Pathway to create value for shareholders Scan the QR code to watch a fly-through of our operations. For personal use only ASX: FEX | 20
Slide 21: 2024 Forward Plan
2024 FORWARD PLAN • Maintain production of premium high-grade products Profit from • Ongoing C1 cost reduction Iron Ridge • Focus on generating +$50/t operating margins • Explore mine life extension opportunities For personal use only • Twin Peaks Ore Purchase Agreement on-line early 2024 Production
Slide 22: Investment Summary
For personal use only INVESTMENT SUMMARY ASX: FEX | 22
Slide 23: Corporate Snapshot
CORPORATE 6 Month Share Price Performance SNAPSHOT FEX A$184m ASX Code Market Cap (as 20 Nov 2023) For personal use only A$0.265 694.2m Share Price Shares on Issue 10.8% ~7,000 (as at 20 Nov 2023) Owned by Company Directors Number of Shareholders A$59.6m 1.3Mtpa Cash at Bank Current Production (as a
Slide 24: Highly Experienced, Driven Leadership Team
HIGHLY EXPERIENCED, DRIVEN LEADERSHIP TEAM For personal use only John Welborn Craig Mitchell Garry Plowright Stuart Ausmeier Chris Tuckwell Adrian Third Executive Chairman Executive Director Director Chief Financial Officer General Manager Commercial Manager Mr Welborn is a champion for Mr Mitchell
Slide 25: Contact
ASX:FEX For personal use only CONTACT John Welborn Executive Chairman info@fenixresources.com.au ASX: FEX | 25
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