Fenix Resources Faces Diesel Crisis
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Fenix Resources, a Western Australian iron ore miner, faced a fuel crisis due to Middle East conflicts, dipping to just one or two days worth of diesel. The company had to scale back operations and rely on suppliers, who delivered what they could but caused day-to-day uncertainty. The mining sector, particularly small businesses and servicing industries, is feeling the strain. The state government has launched a taskforce to assess the impact and has given fuel distributors until today to prioritize regional needs. Despite the crisis, supplies are expected to hold, and the federal move to halve the fuel excise may alleviate future pressure.
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