Browsing Tag
Iron Bridge
4 posts
Fortescue iron ore sales trail shipments by 3.9Mt as China CMRG dispute threatens production
Fortescue has reported lower iron ore shipments, rising operating costs and a widening gap between shipments and sales as negotiations with China Mineral Resources Group continue, raising the prospect of production adjustments if an agreement is not reached by year-end.
Fortescue (ASX: FMG) sales gap widens as October 22 cash-flow test looms
Fortescue shipped 46.8 million tonnes of iron ore in the September quarter but recorded only 42.9 million tonnes of sales as China Mineral Resources Group negotiations continued, pushing working capital and the balance sheet into sharper focus.
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.