Fortescue Ltd Stock (ASX: FMG) News and Forecasts on 25 December 2025: Copper Expansion, Record Shipments, and the 2026 Iron Ore Outlook
Fortescue shares last traded at A$22.29 on 24 December 2025, up 21% for the year. The company agreed to acquire the remaining 64% of Alta Copper for C$139 million, targeting completion in early 2026. Fortescue reaffirmed FY26 shipment guidance but faces a softer iron ore price outlook for 2026–2027.