Fortescue (FMG) share price steadies after cost spike as Iron Bridge ramp-up stays in focus
Fortescue shares edged up 0.14% to A$21.51 Friday after a steep 5.12% drop Thursday. December-quarter shipments hit a record 50.5 million tonnes, but unit cash costs rose above guidance to US$19.10/wmt. The company maintained its FY26 targets. Half-year results are due Feb. 25.