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 ...

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 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 Metals Group Ltd (FSUMF – Research Report) received a Hold rating and a A$19.40 price target from Citi analyst Paul McTaggart today. The company’s shares closed yesterday at $12.19 ...

Add articles to your saved list and come back to them any time. Fortescue has beefed up its dividend payout for the full year despite posting a modest jump in profit, handing a $2.24 billion ...

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 ...

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 ...

Learn More It's safe to say that 2024 has not been kind to Fortescue Metals Group Ltd (ASX: FMG) shares so far. To say the least. Now, shares in the S&P/ASX 200 Index (ASX: XJO) mining stock are ...

In a report released today, Robert Stein from Macquarie maintained a Sell rating on Fortescue Metals Group Ltd (FSUMF – Research Report), with a price target of A$14.25. The company’s shares ...

Liebherr and Fortescue are teaming up to develop the world’s first self-driving electric mining truck, signaling a major shift in the industry. Diesel-powered mining trucks are a huge source of ...

MELBOURNE, Aug 28 (Reuters) - Australia is positioned to meet strong demand from China for green iron, Fortescue (FMG.AX), opens new tab said on Wednesday as it readies a pilot plant to begin ...