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flag Fortescue's profit rose 23% to $1.91 billion in first half of 2025, driven by record iron ore shipments and lower costs, with plans to cut production costs and shift to critical minerals.

flag Fortescue reported a 23% rise in first-half profit to $1.91 billion for the six months ending December 2025, fueled by record iron ore shipments, higher prices, and lower costs. flag The company declared a 62 Australian cent per share interim dividend, surpassing forecasts, and plans to cut iron ore production costs by $2–$4 per ton by 2030 using AI and renewable energy. flag It is shifting focus from green hydrogen to critical minerals and copper, with major projects in Gabon and Peru expected to start in the 2030s. flag The company also advanced its acquisition of Alta Copper in Peru.

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