OTCMKTS:FSUMF
Fortescue Metals Group Limited Stock News
$16.75
-0.100 (-0.593%)
At Close: May 01, 2024
Fortescue: An Iron Ore Giant With Strong Cash Flows
11:00pm, Monday, 15'th Apr 2024
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
Outlook for China's iron ore market remains strong amid energy transition, says Fortescue Metals CEO
05:00am, Wednesday, 27'th Mar 2024
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
Profit Collapse Looms For BHP, Rio Tinto And Fortescue
08:43pm, Monday, 26'th Feb 2024
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
Fortescue gets 200 mln euros for Norway green ammonia plant
07:44am, Friday, 15'th Dec 2023
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.
Fortescue CEO sees 'strong, robust' demand from China for iron ore
02:21am, Tuesday, 05'th Dec 2023
Dino Otranto, CEO of Fortescue, discusses how the Belinga project in Gabon will complete the firm's existing operations.
Australian iron ore miner Fortescue pours $750M into green energy and metals initiatives
01:22pm, Tuesday, 21'st Nov 2023
(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
Australia's Fortescue to launch battery manufacturing center in the US
02:01pm, Friday, 17'th Nov 2023
(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.
Fortescue Metals CEO on Business Strategy, Iron Ore
12:01am, Tuesday, 31'st Oct 2023
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
7 Small-Cap Stocks to Sell in August Before They Crash and Burn
09:02pm, Thursday, 10'th Aug 2023
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: Turnaround Will Weigh On Returns
05:06pm, Friday, 12'th May 2023
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
Forrest's Wyloo announces on-market takeover offer for Mincor Resources
03:12pm, Tuesday, 21'st Mar 2023
(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 preparing to cut up to 1,000 jobs, The Australian reports
02:53am, Thursday, 09'th Feb 2023
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