Fortescue approved investments of $750 million for three green projects

These are two hydrogen projects and a project in the field of green steel industry
Australia’s Fortescue expands decarbonisation plans

The company will no longer purchase carbon emission allowances during the current fiscal year
Fortescue increased iron ore shipments by 2% y/y in the FY2022/2023

In the fourth quarter, this indicator fell by 1% year-on-year
Fortescue in January–March 2023 reduced iron ore shipments by 6.2% q/q

In January-March 2023, iron ore production fell by 16% q/q
Fortescue will begin mining iron ore in Africa by the end of 2023

At the initial stage, iron ore production will amount to 2 million tons per year
Fortescue increased iron ore shipments by 4% y/y in July-December 2022

In the first half of the 2022/2023 fiscal year, the company shipped 96.9 million tons of iron ore to customers
Fortescue to invest $6.2 billion in carbon-free iron ore mining

Full implementation of the company's strategy will make it possible to reduce greenhouse gas emissions by 3 million tons per year

Fortescue в 2021/2022 фінансовому році скоротила прибуток на 40%
Fortescue cuts profit by 40% in 2021/2022 financial year

The company's financial indicators decreased against the background of falling prices of iron ore due to a decrease in demand in China
Fortescue is exploring the possibility of iron ore mining in Gabon

The company plans to spend about $90 million on a 3-year exploration program
China to increase iron ore imports with centralized purchases – FT

The government wants to increase its influence on pricing and increase domestic production