Fenix Resources Limited · ASX:FEX
Fenix Resources — RIU Sydney Resources Round-Up Conference 2023
24 slides from Fenix Resources's conference presentation, May 9, 2023
Slide 1: A Highly Profitable Iron Ore Miner in WA's Mid West
For personal use only A Highly Profitable Iron Ore Miner in WA’s Mid West Company Presentation RIU Sydney Resources Round-Up Conference May 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: Fenix: A High-Margin Australian Iron Ore Miner
Fenix: A High-Margin Australian Iron Ore Miner Strong >63% Fe 1.3 Mt 30 For personal use only Cashflow high quality products annual production 140-tonne road trains fully franked dividends High-grade iron ore: Strong production Fully integrated High-yielding, fully Genuine Direct and cost control, m
Slide 4: The Fenix Model: Rapid Mine Development and Cashflow
The Fenix Model: Rapid Mine Development and Cashflow Steady state production of 1.3 Mtpa 20 >A$127m in cash flow Fully franked dividend to shareholders For personal use only MTHS 5 First iron ore shipment February 2021 > MTHS FUTURE GROWTH Mine development 0 3 First production commences MTHS MTHS De
Slide 5: Producing High Margin, Premium Iron Ore
Producing High Margin, Premium Iron Ore In a World Class Mining Jurisdiction At a Steady State Run Rate of 1.3Mtpa • Iron Ridge hosts some of the highest-grade iron ore in WA For personal use only • Mineral Resources total 8.3Mt at 64.8% Fe inclusive of Ore Reserves1 • Premium2 DSO product that comp
Slide 6: Iron Ridge Is a High Grade Iron Ore Mine Producing a Premium Product
For personal use only IRON RIDGE IS A HIGH GRADE IRON ORE MINE PRODUCING A PREMIUM PRODUCT. ASX: FEX | 6
Slide 7: Simple Crushing & Screening Plant Produces High Quality Lump and Fines
For personal use only SIMPLE CRUSHING & SCREENING PLANT PRODUCES HIGH QUALITY LUMP AND FINES. ASX: FEX | 7
Slide 8: Highly Efficient Mining Activity with Small Footprint
For personal use only HIGHLY EFFICIENT MINING ACTIVITY WITH SMALL FOOTPRINT. ASX: FEX | 8
Slide 9: Direct Loading of State-of-the-Art Haulage Fleet
For personal use only DIRECT LOADING OF STATE-OF-THE-ART HAULAGE FLEET. ASX: FEX | 9
Slide 10: Industry Leading Truck and Trailer Combination Hauling Ore to Geraldton
For personal use only INDUSTRY LEADING TRUCK AND TRAILER COMBINATION HAULING ORE PRODUCTS TO GERALDTON. ASX: FEX | 10
Slide 11: Side Tipper Dumping & Conveyor System Delivers into Fenix Storage Shed
For personal use only SIDE TIPPER DUMPING & CONVEYOR SYSTEM DELIVERS INTO FENIX STORAGE SHED. ASX: FEX | 11
Slide 12: Ship Loading at up to 4000MT/HR into Panamax Vessels
For personal use only SHIP LOADING AT UP TO 4000MT/HR INTO PANAMAX VESSELS DELIVERING PRODUCTS TO GLOBAL CUSTOMERS VIA LIFE OF MINE OFFICIAL PARTNERSHIPS. ASX: FEX | 12
Slide 13: Fenix Expects to Reach 3Mt Milestone in the Current Financial Year
For personal use only FENIX EXPECTS TO REACH 3MT MILESTONE IN THE CURRENT FINANCIAL YEAR. ASX: FEX | 13
Slide 14: A Platform for Growth in the Mid West
For personal use only A PLATFORM FOR GROWTH IN THE MID WEST
Slide 15: Low Capex Mining Concept
Low Capex Mining Concept THE PROVEN FENIX MODEL Controlling Unit Costs on Smaller Scale Iron Ore Mining • Lower capex with strong cost control is our focus, achieved through innovation and partnerships For personal use only • Premium grade iron ore: Strong demand for Fenix ore, with premium pricing
Slide 16: Hedging Policy
Hedging Policy THE PROVEN FENIX MODEL Significant contribution to cash flow and profitability • Hedging price protection policy adopted upon commencement of production. Just under 50% of For personal use only production hedged to cover operating costs. Significant contribution to cash flows to date.
Slide 17: Ownership of Infrastructure
Ownership of Infrastructure: THE PROVEN FENIX MODEL Mine to Port Haulage Fenix acquired 100% of Fenix-Newhaul Pty Ltd, which provides haulage services to and from Iron Ridge For personal use only Deploying cutting edge technology, generating some of the industry’s highest returns and safety statisti
Slide 18: A Focus on Technology
A Focus on Technology THE PROVEN FENIX MODEL Fenix Newhaul Kickstart Academy: A World Class Training Simulator Supported by a world class For personal use only simulator, Fenix Newhaul's training program delivers two pathways to an MC license class: § A 2-year fully paid Youth Traineeship including
Slide 19: Strong Relationships with Traditional Owners
Strong Relationships THE PROVEN FENIX MODEL with Traditional Owners Working Together with the Wajarri Yamatji People • Mining Cooperation & Benefits Agreement developed together with Wajarri Yamatji People to protect and preserve heritage sites (Little Wilgie Mia and Wilgie Mia) and For personal use
Slide 20: Backed By Solid ESG Credentials
Backed By Solid ESG Credentials THE PROVEN FENIX MODEL Providing Opportunities in the Mid West • The Iron Ridge project has generated >200 new full-time jobs • Naming rights sponsor of the Fenix Geraldton Buccaneers – a successful franchise in the NBL1 West conference For personal use only • A known
Slide 21: Scalability: Our Growth Strategy
Scalability: Our Growth Strategy Exploration • Greenfields exploration over newly acquired 344km2 project area prospective for iron ore (3 target areas already identified) • Test existing resource potential extensions (northwards), with outlook to grow Australian iron ore resource inventory to suppo
Slide 22: Corporate Overview
Corporate Overview 12 Month Share Price Chart FEX A$137M ASX Code Market Cap (as at 4 May 2023) A$0.235 584.2M For personal use only Share Price (as at 4 May 2023) Shares on Issue A$68.9M 1.3Mtpa Cash at Bank (as at 31 Mar 2022) Current Production 10.8% ~6400 A$53.5M >20% Owned by Company Directors
Slide 23: Highly Experienced Board & Management Team
Highly Experienced Board & Management Team For personal use only John Welborn Garry Plowright Craig Mitchell Stuart Ausmeier Chris Tuckwell Adrian Third Chairman Director Director Chief Financial Officer General Manager Commercial Manager Mr Welborn is a champion for Mr Plowright is an Mr Mitchell f
Slide 24: Contact
ASX:FEX CONTACT fenixresources.com.au John Welborn | Chairman john@fenixresources.com.au For personal use only ASX: FEX | 24
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