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At Close: Jul 31, 2026
Fortescue's Andrew Forrest sees caution throughout China but no lack of optimism amid U.S. tariffs
10:00pm, Monday, 24'th Mar 2025
Fortescue Executive Chairman Andrew Forrest says he sees a "firm" and "resolute" purpose when it comes to leadership in China.
Fortescue Energy CEO says green hydrogen cost is key as demand drops
04:44am, Friday, 24'th Jan 2025
Replacing fossil fuels with green hydrogen depends on creating demand by making it price competitive, as buyers are unwilling to pay "green premiums", Fortescue Energy CEO Mark Hutchinson told Reuters
Fortescue: Weighed Down By Bleak Iron Ore Outlook, But Fundamentals Remain Strong
04:51am, Monday, 09'th Dec 2024
Fortescue delivered solid Q1 2025 results but is facing stiff headwinds from plunging iron ore prices. Iron ore demand is expected to decline amid softening steel consumption in China, Fortescue's pri
Fortescue's Africa Iron Ore Ambitions Challenged by Gnarly Terrain
02:12am, Thursday, 31'st Oct 2024
The Australian iron-ore giant is considering a big new mine in Gabon but first has to work out how it can transport the steel ingredient for export.
Mining giant Fortescue says it's time to walk away from the 'proven fantasy' of net zero
06:46am, Wednesday, 02'nd Oct 2024
Australian mining tycoon Andrew Forrest, founder and executive chairman of Fortescue, says it is time for the world to walk away from the "proven fantasy" of net zero emissions by 2050 and to embrace
Big Chinese stimulus juices metals, and Fortescue announces plans to buy 100 electric trucks
05:04pm, Saturday, 28'th Sep 2024
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
Fortescue CEO on $2.8 Billion Green Equipment Deal
03:38pm, Thursday, 26'th Sep 2024
Fortescue founder Andrew Forrest discusses zero emission mining solutions and says, “We're going to green iron ore within a few years.” He speaks on Bloomberg Television.
Mining giant Fortescue agrees $2.8bn deal to electrify most of its fleet
05:05am, Wednesday, 25'th Sep 2024
Fortescue Ltd (ASX:FMG), the world's fourth largest iron ore miner, has agreed to buy US$2.8 billion worth of battery-electric trucks and diggers to replace over half its fleet. It signed a partnershi
Fortescue: A Call Option On Rebounding Iron Ore Price
10:30am, Monday, 16'th Sep 2024
Fortescue's FY 2024 was strong with $5.66B net profit, but expect pricing pressure due to lower iron ore prices and higher capex this year. The company benefits from economies of scale but faces chall
Fortescue Metals on greener products demand amid China's energy shifts
05:00am, Wednesday, 28'th Aug 2024
Dino Otranto, CEO of Fortescue Metals, sees the Chinese market for iron ore "maturing" across new industries and is "very encouraged" by the demand coming from the Indian market.
Fortescue sets out to meet strong Chinese demand for green iron
10:48pm, Tuesday, 27'th Aug 2024
Australia is positioned to meet strong demand from China for green iron, Fortescue said on Wednesday as it readies a pilot plant to begin production of the product using renewable energy next year.
China's COSCO Shipping, Fortescue to build green fuel supply chain
07:14am, Monday, 29'th Jul 2024
China's COSCO Shipping Corporation has signed a preliminary agreement with Australia's Fortescue to jointly build a green fuel supply chain to help reduce pollution from the shipping industry, the Chi
Australia's Fortescue to cut about 700 jobs; appoints insider Apple Paget as CFO
04:52am, Wednesday, 17'th Jul 2024
Fortescue will reduce about 700 jobs, or 4.5% of its global workforce, in a fresh restructuring round, the Australian miner said on Wednesday, as it appointed acting Chief Financial Officer Apple Page
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.
