Fortescue Metals Group news & company reports.

Fortescue Metals Group News

Fortescue apprentices celebrate new opportunities
Tue, 20 Sep 2022 00:00:00 GMT
Fortescue Metals Group (Fortescue) has celebrated the graduation of its latest cohort of Apprentices through the Fortescue Trade Training Centre, skilled to take up positions at operational sites across the


Fortescue to establish Colorado Technology Hub and bring jobs ...
Sat, 17 Sep 2022 00:00:00 GMT
Fortescue Future Industries (FFI) will expand its U.S. presence and strengthen its position as a leading global developer of green energy technology through the establishment of a Technology Hub in the state of


Fortescue Metals Group Limited's (ASX:FMG) Intrinsic Value Is ...
Tue, 13 Sep 2022 23:26:39 GMT
How far off is Fortescue Metals Group Limited ( ASX:FMG ) from its intrinsic value Using the most recent financial...


Fortescue posts 40% profit drop on weak iron ore prices, China ...
Tue, 30 Aug 2022 00:00:00 GMT
Australian miner Fortescue Metals Group Ltd (FMG.AX) said on Monday its annual profit fell 40% despite record shipments of iron ore, due to declining prices of the steelmaking material amid cooling demand from top consumer China. The profits of Fortescue, the worlds fourth-largest iron ore miner, were still the second largest in the companys history. The miner posted record earnings the previous year. Miners have taken a hit from iron ore prices retreating from highs in 2021, as demand


Fortescue Metals (FSUGY) FY22 Earnings Lag Estimates, Fall Y/Y
Mon, 29 Aug 2022 19:59:07 GMT
Fortescue Metals' (FSUGY) revenues and earnings in fiscal 2022 plunge year over year despite higher shipments, mainly affected by lower iron ore


Mining giant Fortescue sees annual profit tumble 40% on lower ...
Sun, 28 Aug 2022 23:37:00 GMT
Fortescue Metals Group Ltd. reported a 40% fall in annual profit as iron-ore prices weakened and operating costs


Fortescue posts 40% profit drop on weak iron ore prices, China ...
Sun, 28 Aug 2022 23:08:24 GMT
Reuters - -Australian miner Fortescue Metals Group Ltd said on Monday its annual profit fell 40% despite record shipments of iron ore, due to declining prices of the steelmaking material amid cooling demand from top consumer China. The profits of Fortescue, the world's fourth-largest iron ore miner, were still the second largest in the company's history. The miner posted record earnings the previous


Australia's Fortescue annual profit falls 40% on weak iron ore ...
Sun, 28 Aug 2022 23:08:24 GMT
Annual profit at Fortescue Metals Group, the world's fourth-largest iron ore miner, took a hit as iron ore prices are pressured due to persistent worries over demand from top steel producer China. Its margins were further crimped by rising costs and a labour shortages. As a result, the Perth-based miner earned average revenue per dry metric tonne (dmt) of iron ore of $99.80 during the year, down from $135.32/dmt for the previous year, when the miner saw record


Australias Fortescue inches closer to iron ore exploration in ...
Sun, 21 Aug 2022 00:00:00 GMT
Australias Fortescue Metals Group said on Friday a majority-owned joint venture signed an agreement with Gabon that will pave the way to study and obtain a licence to explore the Belinga iron ore project in the West African nation. The licence will be sought by Ivindo Iron SA, a joint venture in which Fortescue holds 80% interest. Africa Transformation and Industrialization Fund owns the rest. The agreement outlines key terms for the exploration of potentially one of the worlds largest


What Type Of Shareholders Make Up Fortescue Metals Group Limited's ...
Wed, 10 Aug 2022 21:37:18 GMT
The big shareholder groups in Fortescue Metals Group Limited ( ASX:FMG ) have power over the company. Large companies...


Fortescues CEO for a Day dedicated to supporting future generations
Thu, 28 Jul 2022 00:00:00 GMT
Fortescue Metals Groups (Fortescue) latest CEO for a Day, Yuluwirri McGrady believes the Companys commitment to building the capability and capacity of Aboriginal people and businesses is key to creating sustainable


Mining mogul Andrew Forrest puts money where mouth is on green ...
Fri, 15 Jul 2022 03:00:07 GMT
Billionaire boss wants to transform Fortescue Metals Group into a clean energy leader and pours scorn on Elon Musks green



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