Fortescue Ltd

FMG: XASX (AUS)

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Fortescue: Solid Fiscal 2026, but Cost Headwinds and Iron Bridge Problems Weigh

Jon Mills , Alex Anderson

Aug 3, 2026

Fortescue's fiscal fourth-quarter shipments of 52 million metric tons are down 5% from the prior fourth quarter, but shipments for the year are up 1%. Cost inflation and lower volumes meant unit cash costs rose 19% in the quarter, to USD 19.40 per metric ton, while problems at Iron Bridge persist.

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Fortescue Ltd

Fortescue: Solid Fiscal 2026, but Cost Headwinds and Iron Bridge Problems Weigh

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