Fortescue CEO Says Debt to Remain Strategic Focus

The video discusses the company's strategy to focus on debt repayment as a primary growth driver, leveraging strong cash flows from iron ore production. The timeline for becoming debt-free depends on iron ore prices, with a target of 12 to 18 months. The company is not concerned about becoming cash positive and plans to maintain a strong product mix. Market dynamics are influencing demand for higher-grade iron ore, and the company is exploring blending opportunities. There is no interest in acquiring metallurgical coal assets, as it does not align with diversification goals.

What market dynamics are affecting the demand for higher iron unit?

What is the company's stance on acquiring metallurgical coal assets?

How does the company view the relationship between metallurgical coal and iron ore?