Browsing Tag
Iron Bridge
2 posts
Fortescue (ASX: FMG) posts record FY26 shipments as higher costs weigh on dividend outlook
Fortescue shipped a record 201.3Mt in FY26, but a 23% lower final dividend and sharply higher FY27 costs put margins and cash flow in focus.
Fortescue (ASX: FMG) shares fall as $525m Iron Bridge impairment overshadows record shipments
Fortescue shipped a record 201.3 million tonnes of iron ore in FY26 and strengthened its balance sheet, but another Iron Bridge impairment and sharply higher FY27 cost guidance have complicated the outlook.