---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-071148"
form_type: "8-K/A"
ticker: null
cik: "0002044112"
company_name: "INTEGRATED RAIL & RESOURCES INC."
filed_at: "2026-06-23T20:42:12+00:00"
generated_at: "2026-06-23T20:43:42.604255+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Integrated Rail revises Shell agreement: fixed costs cut to $8.64M/yr, product fee $2.29; project at FEL-3

## Summary
- Annual fixed operating costs under Shell arrangement reduced from ~$13.4M to $8.64M; per-barrel product fee raised from $2.21 to $2.29.
- Engineering status advanced to 'FEL-3' (Front-End Loading 3), confirming $80M cost estimate for facility repurposing remains unchanged.
- Long-term offtake/tolling deal with Shell includes $11.4M annual capital cost payment and 50% gross refining margin fee.
- Expansion plan targets 16,500 bbl/d by 2027, 50,000 bbl/d by 2030, with $85M additional capex in 2028.
- Approximately 25% of pro forma shares subject to lockup until facility fully operational.

## SEC filing metadata
- accession: 0001213900-26-071148
- form_type: 8-K/A
- cik: 0002044112
- company_name: INTEGRATED RAIL & RESOURCES INC.
- filed_at: 2026-06-23T20:42:12+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2044112/000121390026071148/0001213900-26-071148-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2044112/000121390026071148/ea0295535-8ka1_integrated.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-071148
- JSON: https://secwatch.observer/filing/0001213900-26-071148.json
- Plain text: https://secwatch.observer/filing/0001213900-26-071148.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.