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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

Australia’s Fortescue reported a rise in annual profit on Wednesday, boosted by higher iron ore shipments from its Iron Bridge project, and announced a larger-than-expected final dividend ...

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 ...