Fortescue Delivers Strong FY24 Results and Green Initiatives
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Fortescue Delivers Strong FY24 Results and Green Initiatives

Fortescue Metals Group Ltd (AU:FMG) has released an update.

Fortescue Metals Group Ltd announced robust full-year results for FY24, boasting a net profit after tax of US$5.7 billion, iron ore shipments of 191.6 million tonnes, and total dividends of A$1.97 per share. The company achieved significant safety milestones and progress in their green energy initiatives, including the development of green hydrogen projects and decarbonization technologies. These efforts underscore Fortescue’s commitment to sustainability and shareholder returns amid their strong financial performance.

For further insights into AU:FMG stock, check out TipRanks’ Stock Analysis page.

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