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Fortescue Metals has performed well, with a 25% increase in stock price and a total return of approximately 30% since September. The company's financial results show strong cash flow and low productio
Dino Otranto, CEO of Australia's Fortescue Metals, discusses the outlook for China's iron ore industry at the Boao Forum for Asia in Hainan.

Fortescue's Forrest on China, Green Energy

12:29am, Wednesday, 27'th Mar 2024
Andrew Forrest, Founder and Executive Chairman at Fortescue, discusses his outlook for China's macro economy, iron ore and green energy. He speaks with Stephen Engle on the sidelines of the "Boao Foru
The crash in prices for nickel and lithium, two key battery metals, could be a precursor to something more significant, a collapse in the price of iron ore which underpins the profits of some of the w
Australia's Fortescue on Friday said it received 200 million euros ($219.3 million) from the European Union (EU) for its Holmaneset Project, a flagship green ammonia plant in Norway.
Dino Otranto, CEO of Fortescue, discusses how the Belinga project in Gabon will complete the firm's existing operations.
(Kitco News) - Australian mining group Fortescue (ASX: FMG) announced on Tuesday that its Board has approved a final investment decision on two green energy projects and a green metal project, with to
(Kitco News) - Fortescue said that its new manufacturing center is anticipated to directly benefit from Inflation Reduction Act tax credits for Battery Modules, up to US$10 per kWh.
Dino Otranto, chief executive officer at Fortescue Metals, discusses the company's business strategy and outlook for iron ore. He speaks with Bloomberg's Haidi Stroud-Watts from the sidelines of the I
Although speculative enterprises tend to draw in a loyal band of followers, certain circumstances call for decisive action, as these small-cap stocks to avoid in August confirms. Nobody wants to be th
Fortescue Metals Group Limited's iron ore production costs have been rising, and with Australian inflation still high, costs may rise further. Simultaneously, iron ore prices have been declining and C

Fortescue Metals Group's guidance unchanged

01:15pm, Monday, 24'th Apr 2023
(Kitco News) - Construction works were also completed at Fortescue Future Industries' (FFI) electrolyser manufacturing facility in Gladstone, and FFI made continued progress on its priority projects i

FTRI: ETF With 8% Yield To Bet On Commodities

08:00am, Friday, 21'st Apr 2023
First Trust Indxx Global Natural Resources Income ETF holds 50 global stocks, mostly in materials and energy. The portfolio is quite concentrated in a few countries, industries and holdings. This fund
(Kitco News) - Wyloo Consolidated Investments, a subsidiary of Wyloo Metals, a private company controlled by Andrew Forrest, the Australian billionaire who founded and chairs Fortescue Metals Group, t
Fortescue Metals Group is looking to cut up to 1,000 jobs across its back office and clean energy unit as part of a cost-cutting exercise, The Australian reported on Thursday, less than week before Fo
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