Fortescue Ltd (ASX: FMG) Share Price Near Record Highs as Green Pivot and Legal Truce Reframe 2026 Outlook
Fortescue Ltd shares hit a 52-week high of A$21.88 on 2 December 2025, trading near A$21.7 midday, with a market cap of about A$66 billion. The company delivered its first large-scale BYD battery system at North Star Junction in the Pilbara, part of a push to cut diesel and gas use by 2030.