Fortescue Metals Group news & company reports.

Fortescue Metals Group News

4 Stocks to Grab as Iron Ore Price Rally Continues in 2021
Thu, 07 Jan 2021 13:50:01 GMT
With iron ore prices on an uptrend this year aided by demand from China, we suggest adding stocks like BHP Group (BHP), Rio Tinto (RIO), Vale (VALE) and Fortescue Metals (FSUGY) to your


5 Stocks That Could Hit Several New Highs in 2021
Tue, 29 Dec 2020 13:16:01 GMT
Given the upbeat sentiments in the market, FedEx (FDX), Deere (DE), D.R. Horton (DHI), Fortescue (FSUGY) and Fiat Chrysler (FCAU) are expected to give good returns to investors in


Iron ore prices poised to hit US$180 next month: Westpac
Fri, 25 Dec 2020 00:00:00 GMT
The Chinese governments attempt to cool the iron ore price has not stopped some experts from predicting another surge as early as next month. Westpac Banking Corp (ASX: WBC) believes the stars are aligned for the steel-making mineral to rally close to 20% in January to circa US$180 a tonne, reported the Australian Financial Review. That should keep the BHP Group Ltd (ASX: BHP) share price, Rio Tinto Limited (ASX: RIO) share price and Fortescue Metals Group Limited (ASX: FMG) share price


4 Mining Stocks to Keep an Eye on as Iron Ore Prices Surge
Fri, 18 Dec 2020 13:33:01 GMT
With iron ore prices set to finish the year on a strong note on China-led demand, it will be prudent to keep an eye on BHP Group (BHP), Rio Tinto (RIO), Vale (VALE) and Fortescue Metals


FMG Resources (August 2006) Pty Ltd -- Moody's announces completion ...
Tue, 15 Dec 2020 16:09:09 GMT
Moody's Investors Service (Moody's) has completed a periodic review of the ratings of Fortescue Metals Group Ltd and other ratings that are associated with the same analytical unit. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating


Fortescue receives White Ribbon Australia workplace accreditation
Thu, 10 Dec 2020 00:00:00 GMT
Fortescue Metals Group has successfully completed the White Ribbon Australia Workplace Accreditation Program, which recognises the Companys ongoing commitment to addressing family and domestic


How high can iron ore prices go
Wed, 25 Nov 2020 00:00:00 GMT
Iron ore is going gangbusters. Hungry Chinese steel mills, which are producing more than 90 million tonnes a month, pushed iron ore prices to two-month highs on Friday. Prices have now improved for six straight days to around $US130 per tonne. Theyre up 10 per cent just in November. Established supply from miners like Rio Tinto, BHP and Fortescue is struggling to meet this remarkable demand surge. In 2009/2010 China spent huge amounts on infrastructure and construction to keep its economy


Fortescue announces development study into green ammonia plant ...
Tue, 17 Nov 2020 00:00:00 GMT
Fortescue Metals Group confirms it is investigating the development of a green ammonia plant in Bell Bay, Tasmania, which has been announced as a successful participant in the Tasmanian Governments Renewable Hydrogen Industry Development Funding


Declining Stock and Solid Fundamentals: Is The Market Wrong About ...
Sun, 15 Nov 2020 00:40:04 GMT
It is hard to get excited after looking at Fortescue Metals Group's (ASX:FMG) recent performance, when its stock has...


Fortescues values and culture highlighted at 2020 Annual General ...
Wed, 11 Nov 2020 00:00:00 GMT
The 2020 Annual General Meeting of Fortescue Metals Group was held in Perth today, with shareholders having the option to attend the hybrid meeting in person or


Fortescue signs contracts worth $3bn-$4bn with Chinese firms
Tue, 10 Nov 2020 07:50:00 GMT
Australian iron ore company Fortescue Metals Group has entered new agreements with Chinese steel mills, procurement partners as well as financial institutions. Australian iron ore company Fortescue


Fortescue inks iron-ore MoUs
Tue, 10 Nov 2020 00:35:00 GMT
Iron-ore miner Fortescue Metals has inked between $3-billion and $4-billion worth of memoranda of understanding (MoUs) with Chinese steel mills, procurement partners and financial institutions. The



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