Fortescue’s Full Year Result 30 Aug 21: Fortescue (FMG) doubles profit on bumper iron ore prices

Fortescue Metals Group (FMG) has released a set of record numbers for the past financial year achieving record revenue, earnings, cashflow and iron ore shipments. Net profit after tax more than doubled to US$10.3 billion while revenue jumped 74% to US$22.3 billion in FY21.

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