• Fortescue's half-year results include a net profit after tax of US$1.6 billion.
• The company achieved record half-year iron ore shipments of 97.1Mt.
• Hematite C1 cost was reported at US$19.17/wmt.
• Net debt stands at US$2.0 billion, with a dividend payout ratio of 65%.
• The Total Recordable Injury Frequency Rate (TRIFR) is 1.0.
• The female employment rate is 25%, and First Nations employment rate across Pilbara operations is 15%.
• The Metals segment reported revenue of US$7.6 billion and underlying EBITDA of US$3.6 billion.
• Underlying EBITDA margin for the Metals segment is 48%, with underlying EBITDA per tonne at US$47/dmt.
• Net operating cash flow was US$2.4 billion, and free cash flow was US$0.7 billion.
• Gross debt is US$5.4 billion, with cash on hand at US$3.4 billion.
• An interim dividend worth A$1.5 billion has been fully franked.
• Total iron ore shipments are guided at 190-200Mt.
• C1 cost for hematite is projected to be between US$18.50 and US$19.75/wmt.
• Metals capital expenditure is estimated at US$3.5 US$3.8 billion, and Energy capital expenditure at US$700 million.
• Fortescue Zero is expected to receive US$1 billion in revenue from a US$2.8 billion Liebherr deal.
• A 100MW solar farm is planned, with 1.5GW to be built before the end of the decade.
• A$6.5 billion in contracts have been awarded to First Nations businesses since 2011.
• The company aims for net zero scope 3 emissions and has a costed decarbonisation plan.
• Green Metal Project construction is underway, with first production targeted for 2025.

Score: 8

Explanation: The document presents a positive outlook with strong financial results, record shipments, and a clear focus on future growth and sustainability. The company's commitment to decarbonisation and First Nations engagement further enhances the positive sentiment.

• Fortescue achieved a net profit after tax of US$1.6 billion.
• Record half-year iron ore shipments reached 97.1Mt.
• Hematite C1 cost was US$19.17/wmt.
• The company maintains a strong balance sheet with US$2.0 billion net debt and a 65% dividend payout ratio.
• The Metals segment reported revenue of US$7.6 billion and underlying EBITDA of US$3.6 billion.
• Fortescue is progressing with its decarbonisation efforts, including a US$2.8 billion Liebherr deal for zero emissions mining equipment.
• A$6.5 billion in contracts have been awarded to First Nations businesses since 2011.
• Green Metal Project construction is underway, targeting first production in 2025.
• TRIFR of 1.0 demonstrates outstanding safety performance.

• Strong financial performance with US$1.6 billion net profit after tax.
• Record iron ore shipments of 97.1Mt indicate operational efficiency.
• Low hematite C1 cost of US$19.17/wmt enhances profitability.
• Healthy balance sheet with manageable net debt of US$2.0 billion.
• Commitment to returning value to shareholders through a 65% dividend payout ratio.
• Progress in decarbonisation efforts with significant deals and projects.
• Strong focus on First Nations engagement with substantial contracts awarded.
• Advancement of the Green Metal Project towards production in 2025.
• Outstanding safety performance with a TRIFR of 1.0.

• Forward-looking statements are subject to inherent risks and uncertainties that could cause actual results to differ materially.
• Solar and wind locations are subject to further studies and regulatory approvals, which could impact project timelines.
• The company's guidance is based on an assumed FY25 exchange rate of AUD:USD 0.68, which is subject to change and could affect financial results.

Total iron ore shipments are guided at 190-200Mt. C1 cost for hematite is projected to be between US$18.50 and US$19.75/wmt. Metals capital expenditure is estimated at US$3.5 US$3.8 billion, and Energy capital expenditure at US$700 million. Green Metal Project construction is underway, with first production targeted for 2025.

Fortescue's focus on decarbonisation aligns with the growing global emphasis on sustainable mining practices and the transition to green energy. The company's investments in renewable energy and zero-emission technologies position it to capitalize on the increasing demand for green iron and other sustainable products.

• Fortescue's C1 cost for hematite at US$19.17/wmt is competitive compared to major iron ore producers like Rio Tinto and BHP.
• The company's commitment to decarbonisation and green energy projects is in line with industry leaders such as Vale, who are also investing heavily in reducing their carbon footprint.
• Fortescue's dividend payout ratio of 65% is within the range of other major mining companies, reflecting a balance between returning value to shareholders and reinvesting in growth.

• Shareholders will benefit from the strong financial performance and dividend payout.
• Employees will be impacted by the company's growth and decarbonisation initiatives.
• Customers will have access to a more sustainable supply of iron ore.
• Suppliers will benefit from the company's ongoing investments in its operations.
• First Nations communities will benefit from the company's commitment to awarding contracts to First Nations businesses.

• Continue construction of the Green Metal Project, targeting first production in 2025.
• Progress with decarbonisation initiatives, including the Liebherr deal and solar farm development.
• Advance critical minerals and iron ore exploration projects in various locations.
• Maintain focus on safety and cultural engagement with First Nations communities.

• 2011: Start of Fortescue's Billion Opportunities program, with A$6.5 billion in contracts awarded to First Nations businesses since this date.
• 30 June 2024: Date of the Annual Report to be read in conjunction with this presentation.
• 28 August 2024: Date of the Report released to the Australian Securities Exchange.
• January 2025: Iron Bridge shipped 5Mt to customers since operations began.
• 2025: Targeted first production for the Green Metal Project.