Fortescue Metals Group news & company reports.

Fortescue Metals Group News

Australia's Fortescue teams up with India's JSW Energy for hydrogen ...
Thu, 29 Jul 2021 08:58:04 GMT
Fortescue Future Industries (FFI) has signed the agreement with JSW Future Energy for collaborating on hydrogen mobility, green ammonia and their industrial applications in India. FFI has been criss-crossing the globe signing framework agreements for renewable energy projects but has come under fire from analysts for providing little detail on how its projects would be


Passion for protecting Aboriginal culture inspires Fortescues ...
Thu, 29 Jul 2021 00:00:00 GMT
Fortescue Metals Groups (Fortescue) CEO for a Day program continues to empower and inspire emerging Aboriginal leaders within the Company, by providing the opportunity to experience how the business operates at the highest


Fortescues autonomous haul fleet surpasses two billion tonnes ...
Tue, 13 Jul 2021 00:00:00 GMT
Fortescue Metals Groups autonomous haul fleet has marked a significan't milestone moving two billion tonnes of material, doubling the amount hauled since reaching the one billion tonne milestone in September


Fortescue apprentices skilled for success
Tue, 22 Jun 2021 00:00:00 GMT
Fortescue Metals Group has celebrated the graduation of its latest cohort of apprentices through the Fortescue Trade Training


Gaines sees little global iron ore production growth
Tue, 01 Jun 2021 00:00:00 GMT
Fortescue Metals Group boss Elizabeth Gaines has hosed down concerns that the revival of Brazilian producer Vale or China backing development of the Simandou deposit in west Africa will crimp Australias economy-defining iron ore exports. Ms Gaines told the Australian Shareholders Association conference that Simandou was a very complex project and its likely development was coinciding with a drop in Chinas domestic iron ore production. The Fortescue chief executive sees the market


Iron Ore Price Caves But Miners Remain Hugely Profitable, For ...
Tue, 25 May 2021 00:00:00 GMT
Chinese Government pressure on steel mills and commodity traders started to pay off earlier today when the iron price fell below $200 a ton for the first time in three weeks. But the fall to $197/t is unlikely to put more than a dent in the profits of the biggest iron ore miners which are producing the steel-making material at a cash cost of less than $20/t. Even after allowing for all costs companies such as BHP Group, Rio Tinto, Vale and Fortescue Metals, are still generating profits of


Iron ore price soars to a record high as Chinas steel mills run ...
Thu, 29 Apr 2021 00:00:00 GMT
The price of iron ore, Australias biggest export, has surged to an all-time high as aggressive, infrastructure-focused stimulus programs in China fuel booming demand for the key steel-making raw material. Iron ores stunning rally over the past year which has delivered mega-profits to mining giants BHP, Rio Tinto and Fortescue and helped support Australias finances through the COVID-19 crisis hit a record high of $US193.85 a tonne on Tuesday. The milestone price, which topples the


Fortescue celebrates 1.5 billion tonnes shipped from Pilbara ...
Fri, 16 Apr 2021 00:00:00 GMT
Prime Minister Scott Morrison visits Christmas Creek operations in his first visit to the Pilbara


Iron ore bonanza to deliver until 2022 as supply squeeze lingers
Wed, 07 Apr 2021 00:00:00 GMT
Australias biggest miners are poised to benefit from better-than-expected iron ore prices for at least the rest of the year as global ratings agency S&P upgrades its forecasts for the key steel-making raw material. After surging Chinese steel output in 2020 propelled iron ore prices to a 10-year high and delivered bumper returns to shareholders of BHP, Rio Tinto and Fortescue, S&P Global on Friday upgraded its price assumption for the commodity from $US100 a tonne to $US130 a tonne


Fortescue invests in the future workforce of the West Australian ...
Wed, 24 Mar 2021 00:00:00 GMT
The next generation of mine and resources workers are being developed at Fortescue Metals Group, as part of a drive to create a skills pathway for individuals looking at a career in the


Is Fortescue Metals Group Limited (ASX:FMG) Expensive For A Reason ...
Fri, 19 Mar 2021 18:17:27 GMT
In this article we are going to estimate the intrinsic value of Fortescue Metals Group Limited ( ASX:FMG ) by taking...


FMG Resources (August 2006) Pty Ltd -- Moody's affirms Fortescue's ...
Fri, 19 Mar 2021 07:47:10 GMT
Rating Action: Moody's affirms Fortescue's ratings and assigns a Ba1 to new notes; outlook stableGlobal Credit Research - 19 Mar 2021Sydney, March 19, 2021 -- Moody's Investors Service has affirmed Fortescue Metals Group Ltd's Ba1 corporate family rating (CFR). At the same time Moody's has affirmed the Ba1 backed senior unsecured ratings of FMG Resources (August 2006) Pty Ltd -- a wholly owned financing subsidiary -- and assigned a Ba1 to the subsidiary's new backed senior unsecured notes



Number of FMG news reports: 12
Subscribers get access to full set of news releases (up to 20 reports).
Click here to subscribe.