Fenix Resources Limited · ASX:FEX
Fenix Resources — Investor Presentation (February 2024)
24 slides from Fenix Resources's investor presentation, Feb 15, 2024
Slide 1: Uniquely Positioned and Set for Growth
For personal use only Uniquely Positioned and Set for Growth: Emerging as a Dominant Player in WA’s Mid-West ASX: FEX Corporate Presentation | February 2024
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: 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 | 4
Slide 5: 1. Iron Ore Portfolio
For personal use only 1. IRON ORE PORTFOLIO ASX: FEX | 5
Slide 6: 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 7: 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 8: 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-
Slide 9: Shine Iron Ore Mine
SHINE IRON ORE MINE Shovel-ready project which provides optionality for Fenix to market high-quality blended iron ore products • Fenix acquired the Shine Iron Ore Mine in July 2023 - an open pit mine For personal use only located 230km east of Geraldton • The Shine Iron Ore Mine has a Mineral Resour
Slide 10: 2. Logistics
For personal use only 2. LOGISTICS ASX: FEX | 10
Slide 11: 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 12: 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 13: 3. Port Services
For personal use only 3. PORT SERVICES ASX: FEX | 13
Slide 14: 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 15: 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 infrastructure assets at Geraldton port, 30- For personal use only roadtrucks and multiple rail sidings,
Slide 16: Strategic Pathway
For personal use only STRATEGIC PATHWAY ASX: FEX | 16
Slide 17: 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 18: Community
For personal use only COMMUNITY ASX: FEX | 18
Slide 19: 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 • Fenix Connections, our community enrichment program, is centred on creating Chairman John Welborn and Hon
Slide 20: 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 21: 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 22: Corporate Snapshot
CORPORATE 12 Month Share Price Performance SNAPSHOT FEX A$174m ASX Code Market Cap (as 12 Feb 2024) For personal use only A$0.25 694.2m Share Price Shares on Issue 10.8% ~7,000 (as at 12 Feb 2024) A$63.2m 1.3Mtpa Owned by Company Directors Number of Shareholders Cash at Bank Current Production (as a
Slide 23: 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 24: Contact
ASX:FEX For personal use only CONTACT John Welborn Executive Chairman info@fenixresources.com.au ASX: FEX | 24
Fenix Resources — Investor Presentation (February 2024) on 6ix