Fortescue Ltd (ASX:FMG) Stock Update (23 Dec 2025): Share Price Moves, Iron Ore Signals, Copper Push, and Fresh Forecasts
Fortescue shares closed at A$21.995 on Dec. 23, down 1.19%, after a rally the previous day. Iron ore prices stayed above US$100/tonne, driven by tight supply, even as China’s steel output weakened. The company’s new copper acquisition and push into “green iron” have added uncertainty to its outlook. Fortescue’s 52-week share range spans A$13.18 to A$23.38.