• Record June Quarter performance in mining, haulage, and shipping
• Achieved full-year FY26 production guidance of 4.4 million tonnes
• Strong cash position of A$81 million as at 30 June 2026
• FY27 Guidance set at 4.7Mt to 5.3Mt iron ore sales and A$70/wmt to A$80/wmt C1 cash costs

FENIX Resources Ltd. reported exceptional performance across its fully integrated supply chain for the June 2026 Quarter, achieving record production, haulage, and shipping tonnages. The Company shipped a record 1,299k wmt during the quarter and 4.4Mt for FY26, meeting its production guidance. Group C1 Cash Costs were A$73.7/wmt for FY26, at the lower end of guidance. The Company maintained a strong cash position of A$81 million as at 30 June 2026. Fenix also announced the completion of the Beebyn-W10 approvals and the establishment of the Beebyn Hub, which supports the transition to the Beebyn-Hub as the primary production center. The Company formed a partnership with Mira Bulk to target lower shipping costs for its iron ore products. FY27 Guidance is set at 4.7Mt to 5.3Mt iron ore sales and A$70/wmt to A$80/wmt C1 cash costs.

FY27 Guidance: 4.7Mt to 5.3Mt iron ore sales, A$70/wmt to A$80/wmt C1 cash costs

FENIX Resources Ltd. expects to continue delivering exceptional value and rewarding its shareholders, with a positive outlook based on product quality, customer relationships, and flexibility of supply.