Mining

The third-quarter result was affected by planned maintenance and weather at operations, which limited output in the quarter. The nine-month total of 40.3 thousand tonnes leaves a requirement of about 20.7 thousand tonnes in the fourth quarter to reach the lower end of the …

Primary aluminium production of 842 thousand tonnes was flat on the previous quarter, and nine-month output of 2.52 million tonnes was unchanged on a year earlier. Full-year guidance is 3.25–3.45 million tonnes. Alumina production rose 10% to 2.1 million tonnes, partly because Queensland Alumina …

The quarterly report, published on 22 October 2026 after a preliminary update on 8 October, confirmed that total shipments included 2.5 million tonnes from Iron Bridge. Maintenance activity, including a scheduled port outload shutdown, affected volumes during the period. The company saidSupplychain stocks remained …

China Mineral Resources Group is a state-backed entity that was established to centralise iron ore purchasing for China's steel industry. The aim of such a body is to give buyers more influence in negotiations with global miners. Because China is the world's largest iron …

Operating cash flow was weaker during the quarter, mainly because of higher working capital. Fortescue shipped 46.8 million tonnes but sold only 42.9 million tonnes, so product accumulated in inventory. Inventory consumes cash, as the costs ofMiningand shipping have been incurred whileRevenuehas not yet …

C1 is a commonly used measure of the direct operating cost of producing iron ore, covering mining, processing, rail and port activities. It excludes items like shipping, royalties and depreciation. Because Fortescue reports in US dollars while most of its costs are in Australian …

The Green Grid is designed to replace fossil fuels used across Fortescue's Pilbara operations. Its planned 2.4 gigawatts of renewables consists of 1.5 gigawatts of solar and 900 megawatts of wind, firmed by 4–5 gigawatt hours of batteries. To date, 550 kilometres of transmission …