Equity, Bottom-up Analyst, Investics Research

Sameer Taneja

A buy-side analyst with over 18 years of experience investing in Asian markets and specializing in the mid-small cap space, emphasizing value investing in companies with good free cash flows/dividends and long-term holding horizons. 
Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd. It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity, Bottom-up Analyst

Iron Ore: Simandou Supply Disappoints/ What's Happening To The Cost Curve/ Chinese Mills Profitable?

Iron Ore Q3FY26 Operational Reports: Are The Miners Going To Find Diesel Supply/Price Challenging?

Fenix Resources Ltd (FEX AU) Q4 FY26 Concall Update: Record Volumes, Sharp Margin Compression

Investics Research

It is important to note that the information provided by Investics Research is based on publicly available data and own knowledge, which has been gathered and analyzed from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions. All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include but are not limited to, company announcements, exchange filings, presentations, etc. Investics does not guarantee the accuracy and completeness of the forecasts, estimates, and/or other information.

Equity Bottom-up Research

Equity Bottom-Up

<ul>
<li>Diesel prices have risen 45% from their June lows, and the BDIY also continues to surge, compressing the margins of iron ore players.</li>
<li>China's June import volumes remained strong at 112 million tons, up 6.3% YoY, with Australian imports strengthening to 71 million tons ( 63% of imports) </li>
<li>Read our recent report on <a href="https://www.smartkarma.com/insights/fenix-resources-ltd-fex-au-q4-fy26-concall-update-record-volumes-sharp-margin-compression" target="_blank" data-smartkarma-citation="insights:247547" rel="noopener">Fenix Resources Ltd (FEX AU) Q4 FY26 Concall Update: Record Volumes, Sharp Margin Compression</a> and gleanings from Rio/BHP operationals. </li>
</ul>


Diesel prices have risen 45% from their June lows, and the BDIY also continues to surge, compressing the margins of iron ore players.
China's June import volumes remained strong at 112 million tons, up 6.3% YoY, with Australian imports strengthening to 71 million tons ( 63% of imports) 
Read our recent report on Fenix Resources Ltd (FEX AU) Q4 FY26 Concall Update: Record Volumes, Sharp Margin Compression and gleanings from Rio/BHP operationals. 


Iron Ore: Diesels 45% Ascent From June Lows And China's Strong Imports

Rio Tinto Ltd

Iron Ore: Diesels 45% Ascent From June Lows And China's Strong Imports