Fortescue posts record iron ore shipments in FY 2025-26
2026-08-04 11:14:00 [Print]
Australian iron ore producer Fortescue Metals Group has released its operational results for the fourth quarter and the full 2025–26 financial year, which ended June 30.
During the fourth quarter, the company shipped 52.7 million metric tonnes of iron ore, representing a 10% increase quarter-over-quarter but a 5% decline year-over-year. Iron ore mined during the period totalled 64.9 million metric tonnes, up 9% from the previous quarter and 1% higher compared to the same quarter last year.
For the full 2025–26 financial year, Fortescue's iron ore shipments reached 201.3 million metric tonnes, a 1% increase from the 198.4 million metric tonnes recorded in the prior fiscal year. Iron ore production for the year rose 3% year-over-year to 246 million metric tonnes.
Looking ahead, Fortescue has set its iron ore shipment guidance for the 2026–27 financial year at 197–207 million metric tonnes, which includes 11–14 million metric tonnes from the Iron Bridge project.
During the fourth quarter, the company shipped 52.7 million metric tonnes of iron ore, representing a 10% increase quarter-over-quarter but a 5% decline year-over-year. Iron ore mined during the period totalled 64.9 million metric tonnes, up 9% from the previous quarter and 1% higher compared to the same quarter last year.
For the full 2025–26 financial year, Fortescue's iron ore shipments reached 201.3 million metric tonnes, a 1% increase from the 198.4 million metric tonnes recorded in the prior fiscal year. Iron ore production for the year rose 3% year-over-year to 246 million metric tonnes.
Looking ahead, Fortescue has set its iron ore shipment guidance for the 2026–27 financial year at 197–207 million metric tonnes, which includes 11–14 million metric tonnes from the Iron Bridge project.
