The Fortescue Ltd (ASX:FMG) share price is lower 40.0% since the start of 2024. It's probably worth asking, 'is the FMG share price undervalued?' ...

We reduce our fair value estimate to USD 13.50 per share from USD 14.20, driven by lower iron ore and base metals prices.

Fortescue increased production rapidly thanks to favorable iron ore prices, aggressive expansion, and historically low interest rates. Expansion from 55 million metric tons of capacity in fiscal 2012 ...

Mining companies turning to acquisitions instead of exploration due to cost and risk. Copper prices down but shortages ...