ASX:FMGMetals and Mining
How Fortescue’s Push Into Copper and Critical Minerals Will Impact Fortescue (ASX:FMG) Investors
In the second half of 2025, Fortescue accelerated exploration in copper, rare earths, and lithium while benefiting from iron ore prices holding near US$100 per tonne, underpinning its near-term profitability.
An interesting angle is how this push into future-facing metals is being funded from a still-strong iron ore business and a balance sheet with a debt/equity ratio of 27.6%, potentially reshaping Fortescue’s earnings mix over time.
Next, we’ll examine how Fortescue’s expanded copper...