OPERATIONS

Fortescue cuts dividend as profit slides

Record iron ore shipments not enough to outrun weak pricing, green energy still a priority

Fortescue isn't giving up on hydrogen

Fortescue isn't giving up on hydrogen | Credits: Fortescue

Mining major Fortescue reported record iron ore shipments but soft earnings amid a tough pricing environment over fiscal 2025, with dwindling profits prompting it to declare its lowest dividend payout...

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