Fortescue Ltd (FMG) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

hello everyone and thanks for joining us joining me today is gus pichot fortescue energy and growth chief executive and apple pageant cfo we also have a special guest today through our ceo for a day program which gives aspiring leaders the chance to work alongside the leadership team and learn about the business i'm thrilled to welcome to the call a true fortescue legend sitting here right next to me cam lloyd our heritage superintendent cam is a proud Waduri Yamaji, man who joined Fortescue back in 2011 as a heritage field officer. Over the years, he's taken on a range of roles and today he leads a talented team delivering positive heritage outcomes across the business. Cam, we're very proud to have you here, mate. Welcome. Thanks, Dino, and good morning, everyone online. I'm very proud to be here. Excited to be a part of this initiative and being involved in the amazing opportunity of joining today's call. Very much looking forward to hearing everyone online's insights into our four-year results. Thanks, Cam. I want to kick things off with what I think is the real headline this year, our operations have never been stronger. As we announced at our quarterly update a few weeks ago, we shipped a record 198.4 million tonnes for the year while cementing our position as the industry's lowest cost producer. Four-year performance records were also achieved for mining or processing and rail, demonstrating reliability across the supply chain and the team's ongoing focus on productivity. Just as importantly, safety continued to underpin everything we do. In FY25, we achieved a TRIF of 1.3 and a critical injury frequency rate of 0.02, both outstanding industry-leading results. But we know safety is more than just injury and incident rates. This year, we introduced our own lead...