Fenix Resources Faces Diesel Crisis

0:00Phoenix resources, a small iron ore miner in Western Australia's Midwest just scaled back non-essential operations to stretch their diesel supply. They run their own mines, haul ore hundreds of kilometers to Gerald's import on road trains and nearly ran out of fuel, dipping to just one or two. Days worth amid the Middle East War, messing with supplies. Normally, they keep five to ten days of diesel on hand, but the shortages hit hard, forcing a rethink of their heavy reliance on it for the whole. Supply chain. Executive Chairman John Wellborne says suppliers have been straight up delivering what they can, but leaving them waiting day by day for the next drop. Miners in businesses serving the sector are feeling the pinch, especially in regional spots. The Association of Mining and Exploration Company says small outfits are living week-to-week on fuel, with servicing industries like AG, really, struggling. Now, the state government's launching an industry task force to check the crisis's hit on businesses and premiere Roger Cook, gay fuel distributors.

1:02Until today, to detail regional priorities or face emergency orders. Outlook looks steady for now. No full catastrophe on the horizon. Supplies should hold, and that federal move having the fuel excise could ease the pain moving forward. That's the story for today. Sydney News Today, driven by AI.