Fenix Resources has welcomed Chris Hunt as its new chief financial officer (CFO), who brings over 25 years’ experience in senior finance roles in the mining industry.
His most recent role was CFO and company secretary of Rox Resources, while he has also held CFO roles with BC Iron, Crossland Resources, FerrAus and Cliffs Natural Resources.
Hunt joins Fenix after former CFO Stuart Ausmeier stepped down.
Ausmeier will assist with the transition period and handover before leaving Fenix to focus on new opportunities.
Fenix extends its gratitude to Ausmeier for his dedicated service over the past two years and wishes him well in his future endeavours.
As a mining, logistics and port services business, with assets in the mid-west region of Western Australia, Fenix operates a unique fully-integrated mining and logistics business.
Using the company’s Newhaul Road Logistics business, iron ore products are transported by road to Geraldton.
Fenix’s Newhaul Port Logistics business operates its own loading and storage facilities at the Geraldton Port with a storage capacity of more than 400,000 tonnes and a loading capacity of more than five million tonnes per annum.
In December, Fenix announced it had successfully hauled six million dry metric tonnes of iron ore from its Western Australian mining operations.
Since beginning iron ore production in December 2020, Fenix’s Iron Ridge mine in WA has produced iron ore at a rate of 1.3 million dry metric tonnes per annum.
Fenix’s WA mining portfolio also comprises Shine, Twin Peaks, and the Beebyn-W11 deposit.
The historic Beebynganna Hills iron ore project will also be joining the fray, which Fenix recently acquired from Spartan Resources. The transaction is set to provide Fenix with resource expansion opportunities near its existing mining operations.
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