Fortescue publishes September 2026 quarterly production report

Bitget2026/10/21 22:37

By:Bitget

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Fortescue’s Q1 FY27 iron ore shipments fell 6% year over year to 46,800,000 tonnes; sales totaled 42,900,000 tonnes.
Sales lagged shipments amid CMRG negotiations; operations could be affected if talks remain unresolved by calendar year-end 2026.
Hematite C1 costs rose 21% year over year to USD 21.98 per wet tonne; realized prices fell 10% to USD 79.79 per dry tonne.
Cash declined to USD 3.2 billion at September 30; net debt increased to USD 2.8 billion from USD 0.9 billion in June.
FY27 shipment guidance remained 197,000,000–207,000,000 tonnes, subject to CMRG negotiations; hematite C1 cost guidance stayed at USD 20.50–21.75 per wet tonne.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fortescue Ltd. published the original content used to generate this news brief on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Fortescue publishes September 2026 quarterly production report

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