Australian iron ore company Fortescue Metals Group has announced its operating results for the second quarter and first half ended December 31 of the 2025-26 financial year.
In the second quarter, the company's iron ore shipments rose one percent from the first quarter and two percent year-on-year to 50.5 million tonnes, while it produced 61.4 million tonnes of iron ore, up two per cent quarter-on-quarter and down one per cent year-on-year.
Fortescue's first-half iron ore shipments rose three per cent year-on-year to 100.2 million tonnes, the highest first-half figure in the company's history, while it mined 121.5 million tons of iron ore, an increase of two percent compared to the same period in the previous fiscal year.
In addition, Fortescue's iron ore supply forecast for the 2025-26 financial year is 195-205 million tons, including 10-12 million tons from the Iron Bridge.
