Australia's Fortescue bucks weather woes to post higher Q3 iron ore shipments
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 29 2025
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Source: Reuters
Iron Ore Shipments Performance: Fortescue reported a rise in third-quarter iron ore shipments to 46.1 million metric tons, recovering from previous disruptions and aligning with analyst expectations despite weather challenges.
Future Projects and Investments: The company is reviewing timelines for its Iron Bridge operations and green energy projects, while maintaining its fiscal 2025 shipment guidance and capital expenditure projections.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
