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flag Fortescue shipped 50.5 million tons of iron ore in Q2 2026, hitting a record first-half volume, despite rising costs.

flag Fortescue reported a 2% increase in second-quarter iron ore shipments to 50.5 million metric tons, contributing to a record first-half export volume of 100.2 million tonnes, up 3% from the same period last year. flag Despite higher production, costs rose 5% to $19.10 per wet ton due to normalized inventory gains, higher diesel prices, and exchange rate fluctuations. flag The company maintained its full-year guidance for shipments, costs, and capital spending through June 2026.

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