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AAP
AAP
Adrian Black

Fortescue breaks iron ore output record, but costs drag

Fortescue iron ore Dino Otranto BHP Rio Tinto
Fortescue shipped 100.2 million tonnes of iron ore in the December quarter. (Kim Christian/AAP PHOTOS)

An Australian iron ore giant has posted record iron ore production but higher-than-expected production costs have resulted in a marginally weaker quarter.

Fortescue shipped 100.2 million tonnes of iron ore in the December quarter, three per cent higher than the equivalent half in 2024 and its highest ever output for a first half.

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