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In the third quarter of 2025, Fortescue's iron ore production reached 50.8 million tons, representing a year-on-year increase of 6%.

Time:2025-10-23

On October 23, 2025, Beijing time, Australian mining company Fortescue released its operational report for the third quarter of 2025 (Q1 of the 2026 Australian fiscal year). The report indicated:

　　In terms of production: In the third quarter, Fordyce River iron ore output reached 50.8 million tons, representing a 7% decrease quarter-on-quarter and a 6% increase year-on-year.

　　In terms of shipment volume: In the third quarter, Fortescue's shipments of iron ore from the Chichester River reached 49.7 million tons, representing a 10% decrease quarter-on-quarter and a 4% increase year-on-year.

　　Financially: In the third quarter, Fortescue's C1 cash cost for iron ore was US$18.17 per wet tonne (based on Pilbara hematite), representing a 12% increase quarter-on-quarter and a 10% decrease year-on-year.

　　Additionally, the guided shipment target for fiscal year 2026 remains unchanged at 195–205 million tons, while the C1 cost target stays consistent at USD 17.5–18.5 per wet ton (based on Pilbara hematite).

　　Detailed breakdown is shown in the figure below:

Keywords: In the third quarter of 2025, Fortescue's iron ore production reached 50.8 million tons, representing a year-on-year increase of 6%.

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In the third quarter of 2025, Fortescue's iron ore production reached 50.8 million tons, representing a year-on-year increase of 6%.

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