Fortescue Ltd

FMG: XASX (AUS)
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Fortescue: Strong Volumes and Lower-Than-Expected Unit Cash Costs

Fortescue's fourth-quarter shipments of 55 million metric tons are similar to last year, but are 19% up on the previous quarter. Driven by Iron Bridge, fiscal 2025 shipments of 196 million are 3% higher than fiscal 2024, while hematite unit cash costs of USD 18 per metric ton are broadly similar.

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