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Fortescue posts record tonnes as tariff threat hangs over iron ore

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Fortescue has kept its annual iron ore shipment target steady following a record-breaking performance in the first half, fuelled by strong output from its Pilbara operations and progress at the problematic Iron Bridge project.

The Andrew Forrest-chaired group reported shipments of 49.4 million tonnes of iron ore in the December quarter, bringing total exports for the first six months of the financial year to a record 97.1 million tonnes.

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Elouise Fowler is a journalist for The Australian Financial Review based in the Melbourne office. Connect with Elouise on Twitter. Email Elouise at elouise.fowler@afr.com.au

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    Original URL: https://www.afr.com/companies/mining/fortescue-posts-record-tonnes-as-tariff-threat-hangs-over-iron-ore-20250122-p5l6ha