Fortescue Ltd (ASX: FMG) Near Record Highs as Green Iron Push and Hydrogen Reset Divide Analysts
Fortescue Ltd shares traded near a 52-week high of A$22.00 on 4 December 2025, rebounding 18–19% in 2025 after a steep drop in 2024. The company posted a 41% fall in FY25 net profit to US$3.4 billion, despite record iron ore shipments of 198.4 million tonnes. Market cap stands at about A$67 billion. Revenue dropped 15% to US$15.5 billion.