Fortescue Shares Rise on Tuesday. Here's Why.

Tue 29 Apr 25, 01:37 AM | Team Kalkine

Image source: Shutterstock

Highlights

Record Production and Shipments: Fortescue mined 55.5 million tonnes and shipped 46.1 million tonnes in Q3, despite weather disruptions.

Cost Efficiency: Hematite C1 costs fell by 7% year-on-year to US$17.53 per wet metric tonne.

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