Australian iron ore miner Fortescue Metals Group has announced its operational results for the third quarter and first nine months ended March 31 of the financial year 2025-26.
In the second quarter, the company’s iron ore shipments decreased by 4.2 percent compared to the second quarter and went up by 4.9 percent on year-on-year basis to 48.4 million mt, while it mined 59.5 million mt of iron ore, decreasing by 3.1 percent quarter on quarter and increasing by 7.2 percent year on year.
Additionally, Fortescue’s iron ore shipment guidance for the financial year 2025-26 stands at 195-205 million mt, including 10-12 million mt from Iron Bridge.
