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Fortescue Breaks Shipment Records While Reshaping Green Energy Strategy
8:33am on Thursday 24th of July, 2025 AEST
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Mining
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Fortescue Breaks Shipment Records While Reshaping Green Energy Strategy
8:33am on Thursday 24th of July, 2025 AEST
Key Points
Record FY25 iron ore shipments of 198.4 million tonnes, up 4%
Hematite C1 costs fell 1% to US$17.99/wmt, first annual decline since FY20
Iron Bridge project ramp-up on track for 22Mt capacity by FY28
Discontinuation of Arizona Hydrogen and PEM50 projects with US$150 million write-down
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