Australia's Fenix Resources falls on cyclone impact, fuel supply disruptions

Fenix Resources

26/03/2026 24:37

** Fenix Resources FEX.AX falls as much as 5.6% to A$0.335; marks biggest intraday pct drop since March 19

** Iron ore miner expects disruptions to supply from cyclone Narelle, lack of fuel availability from co's diesel suppliers amid Iran war

** Says Geraldton Port closure due to cyclone will impact iron ore shipments, March quarter sales

** YTD, FEX falls 30.9%

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))