Fortescue share price drops as iron ore traders look to China data, quarterly update next
Sydney, Jan 12, 2026, 17:15 AEDT — Market closed
- Fortescue shares ended the day 1.4% lower at A$22.40, underperforming the broader market
- Company filings revealed both new and expired employee performance rights
- Attention now turns to Fortescue’s quarterly production report set for Jan. 22
Fortescue Ltd shares dropped 1.4% to close at A$22.40 on Monday, hitting a low of A$22.10 during the session. Volume picked up compared to Friday, with roughly 4.7 million shares changing hands. The iron ore miner followed the broader downturn seen in major mining stocks as the day wrapped up. (Investing)
The slide stood out amid a broader Australian market rally, where energy and gold sectors attracted funds. Yet,…
