Fortescue Ltd

FMG: XASX (AUS)

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Fortescue: Solid Volume Growth Though Unit Cash Costs Disappointing

Jon Mills , Alex Anderson

Jan 22, 2026

Fortescue's fiscal 2026 second-quarter shipments of 50 million metric tons are 2% higher than a year ago. Unit cash costs are USD 19.10 per metric ton, up 5% from the first quarter and the same quarter last year, driven by unfavorable inventory movements, higher diesel prices, and foreign exchange.

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Fortescue Ltd

Fortescue: Solid Volume Growth Though Unit Cash Costs Disappointing

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