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Fortescue warns of US$150M hydrogen hit amid record metal year

Miner beats iron ore cost guidance, meets production target, but energy business still struggling

Haydn Black
Fortescue warns of US$150M hydrogen hit amid record metal year

Credits: Fortescue

Fortescue's Western Australian iron ore business shipped a record amount at its lowest costs in five years over FY25, but the miner has warned of a pre-tax US$150 million (A$223 million) impairment on...

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