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AAP
AAP
Kaaren Morrissey

'Look at the divvy': iron ore miner's bumper payout

Fortescue's Metals and Operations CEO Dino Otranto says the miner delivered a standout first half. (Aaron Bunch/AAP PHOTOS)

One of Australia's biggest iron-ore players has turned its interim earnings into a dividend machine for investors after hitting a speed bump in its plan to become a global green hydrogen force.

But Fortescue still has its eyes on cutting costs by going as green as it can in its Pilbara operations in Western Australia, which allowed it to reduce costs during the first half of 2025/26.

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