Fortescue Metals Group - latest news & company reports.

Elizabeth Gaines: Fortescue Metals first female CEO talks guiding ...
Tue, 30 Jun 2020 17:02:00 GMT
Every crisis has a silver lining, and for the first female CEO of Australian iron ore producer Fortescue Metals, the coronavirus outbreak has offered more evidence of how a womans touch is critical


Fortescue joins forces with South Korean steelmaker POSCO to ...
Fri, 26 Jun 2020 00:00:00 GMT
Fortescue Metals Group (Fortescue) is pleased to announce a joint social funding initiative with its customer POSCO, South Koreas largest steel company, to benefit community programs in South Korea and Western


Brazil may gain iron ore share
Tue, 02 Jun 2020 17:01:00 GMT
File photo: An FMG iron ore mining site in Australia Photo: cnsphoto. Chinese demand for iron ore, a key raw material for making steel, is on the rise -- and Brazil is expected to


Australian court rules against Fortescue in indigenous rights ...
Fri, 29 May 2020 07:42:40 GMT
Australias top court dismissed an appeal by Fortescue Metals Group against a landmark ruling on indigenous land rights, which could expose the company to hundreds of millions of dollars in compensation claims and set a precedent for other similar cases. The High Court decision on Friday brought to an end a long-running legal battle by the Yindjibarndi people to win recognition for their exclusive native title rights to land in Western Australia on which FMGs Solomon iron ore mine is located. The Yindjibarndi Aboriginal Corporation, a group that represents indigenous people, can now seek compensation for economic loss and spiritual harm related to the mine, which is estimated to contain iron ore worth up to A$280bn


Fortescue drops case against Argus publishing iron ore price ...
Wed, 27 May 2020 00:00:00 GMT
Australian mining giant Fortescue Metals Group (FMG) has withdrawn a legal case against commodity price reporting agency Argus, in which it sought to prevent the publication of information about low grade iron ore prices. This move follows a London High Court decision last Friday, 22 May, in which Justice Robert Miles dismissed an injunction on Argus which aimed to halt publication. Adrian Binks, chairman and chief executive of Argus Media said we are very glad that the principle of press


Market wrap: iron ore prices remain elevated as trade tensions ...
Thu, 14 May 2020 22:23:00 GMT
FMG and BHP share prices traded flat this week, tensions between China and Australia intensified, and iron ore prices remained


Fortescue Metals Group in legal spat with Platts and Argus
Fri, 01 May 2020 04:34:55 GMT
Australian miner Fortescue Metals Group has become embroiled in a dispute over the free flow of information after it launched legal action to prevent publication of details of its contracts. The UK High Court this week ordered S&P Global Platts and Argus to temporarily stop reporting the level of penalties or discounts applied to sales of iron ore, the key ingredient in steelmaking, by FMG, which is controlled by Australian billionaire Andrew Twiggy


A Rising Share Price Has Us Looking Closely At Fortescue Metals ...
Wed, 08 Apr 2020 20:36:35 GMT
Fortescue Metals Group (ASX:FMG) shares have had a really impressive month, gaining 31%, after some slippage. And the...


Fortescue donates A$1 million to coronavirus medical efforts
Fri, 07 Feb 2020 00:00:00 GMT
Fortescue Metals Group (FMG) today announced it will donate A$1 million to the Wuhan Qingshan Charity Federation to support medical efforts at the epicentre of the coronavirus


Is Fortescue Metals Group Limited (ASX:FMG) A Smart Pick For ...
Mon, 27 Jan 2020 22:48:11 GMT
Could Fortescue Metals Group Limited (ASX:FMG) be an attractive dividend share to own for the long haul Investors are...



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