Fortescue FMG-1.98%decrease; red down pointing triangle, the world’s fourth-largest iron ore producer, reported an 18% rise in annual net profit helped by an increase in the price it got for ...

Fortescue is the world's fourth-largest iron ore exporter. Margins are well below industry leaders BHP and Rio Tinto, and some way behind Vale, meaning Fortescue sits in the highest half of the ...

However, we're certainly not in the good times right now. Thus, investors may think it's risky to buy Fortescue shares. The Fortescue stock price is down 40% in 2024 to date. Firstly, let's look ...

2023 Fortescue Metals Group LtdShs 1.75 7.89 AUD 2022 Fortescue Metals Group LtdShs 2.07 11.81 AUD 2021 Fortescue Metals Group LtdShs 3.58 15.34 AUD 2020 Fortescue Metals Group LtdShs 1.76 12.71 ...

And Fortescue is definitely able to unlock economies of scale, as its FY 2024 production (the financial year ends in June) exceeded 190 million tonnes. As Fortescue still produces an iron ore ...

Australia's Fortescue is teaming up with Liebherr Mining to develop an autonomous mining truck that will, in addition to driving itself, be the first of its kind worldwide to operate with zero ...

Fortescue Ltd. reported a small increase in full-year profit, but the fourth-largest iron ore miner missed analyst forecasts as it battled inflationary pressures while weathering a slowdown in ...

Allegations about the theft of trade secrets by "nefarious" former Fortescue staff was a debacle that misled a judge before she ordered their homes be raided and a swathe of material seized ...

Thanks to Twiggy's ownership interest in the company he established back in 2003, the Forrest family will pocket a large sum from Fortescue's dividends this year. Let's take a look. Fortescue has ...

Gift 5 articles to anyone you choose each month when you subscribe. Fortescue will use debt, government grants and equity sell-downs to minimise the toll on its balance sheet from the estimated ...

Fortescue will pay a dividend of 89 Australian cents per share, it said. Its shares initially rose in Sydney following the announcement but later fell as much as 2.7%. Iron ore remains Fortescue ...