The Latest Breaking News from Fortescue Metals

Iron ore giant's profit falls, green energy vow stays

One of Australia's biggest mining companies says it will continue to pursue green iron and renewable energy projects as iron ore revenues dip.

AAP · Aug 26, 2025

Call to screw the cap on $11 billion diesel subsidy

More mining giants may clean up their operations if the government capped generous credits on diesel fuel and incentivised green projects, a report finds.

AAP · Aug 19, 2025

Fortescue profit slumps on weak iron ore prices

China's struggling property sector continues to weigh on big miners, with Fortescue profits down more than 50 per cent.

AAP · Feb 20, 2025

Twiggy investigated after anonymous letter to Fortescue

After an anonymous complaint, Fortescue Metals hired a law firm to investigate executive chairman Andrew Forrest, who was cleared of wrongdoing.

AAP · Jul 17, 2023

'Business as usual' as Fortescue Metals dumps jobs

Fortescue Metals has become the latest company to announce job cuts, although a spokesman said it was "business as usual" and part of the firm's growth.

AAP · Mar 10, 2023

Fortescue Metals Group agrees to hand over sexual harassment documents to WorkSafe but will redact names

The mining giant says it will hand over documents that detail allegations of sexual harassment to WorkSafe, but will remove the names of the employees involved.

ABC News · Feb 13, 2023

Fortescue Metals could face paying traditional owners millions of dollars in native title compensation claim

The Yindjibarndi traditional owners won a landmark native title case in the Pilbara in 2020 in a David-and-Goliath battle with mining giant Fortescue Metals Group, however, negotiations over royalties for mining iron ore on their land fell through. Now they are launching legal action against FMG for compensation.

ABC News · May 24, 2022

A bit rich? Billionaires’ climate efforts draw scepticism, praise

Mega-rich figures such as Andrew Forrest spend billions on climate change solutions while adding to carbon emissions.

Al Jazeera · May 6, 2022

Fortescue H1 profit down, payout cut

Fortescue Metals' first-half profit fell after Chinese steel-makers bought less iron ore and the price of the commodity dropped.

AAP · Feb 16, 2022

ASX rises, Fortescue Metals and CSL report weaker profits from COVID-19 restrictions

The Australian share market rises in afternoon trade, soaring oil and gas prices boost Santos' profit, while Fortescue Metals, CSL and Treasury Wine Estates reveal the impact of COVID-19 on their earnings.

ABC News · Feb 15, 2022