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FINWIRES

Fortescue Posts Higher Fiscal Q3 Total Iron Shipments, Maintains Fiscal 2026 Guidance

-- Fortescue (ASX:FMG) reported total iron ore shipments of 48.4 million wet metric tonnes (wmt) during the third quarter ended March 31, according to a Friday Australian bourse filing.

The company recorded iron ore shipments of 46.1 million wmt for the quarter ended March 31, 2025, per the filing.

Total ore mined during the quarter increased to 59.5 million wmt from 55.5 million wmt in the quarter ended March 31, 2025, while ore processed rose slightly to 47.8 million wmt from 47.6 million wmt in the same period, the filing said.

The company maintained its fiscal year 2026 guidance of 195 million to 205 million tonnes of iron ore shipments, energy capital expenditure of about $300 million, and net operating capital expenditure of roughly $400 million.

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