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FORTESCUE METALS
Global Markets | Australian shares slip as renewed Middle East tensions curb risk appetiteAustralian shares tumbled 1.5% on Friday, erasing recent gains as escalating Middle East tensions between the US and Iran rattled investor ...
Global Markets | Australian stocks recover as banks, miners advance on improved risk sentimentAustralian shares rebounded strongly, driven by gains in banks and miners, as positive developments in U.S.-Iran relations boosted investor...
China's COSCO Shipping, Fortescue to build green fuel supply chainThe memorandum of understanding includes exploring construction and deployment of green ammonia-fuelled vessels owned either by COSCO or jo...
Australian miner Fortescue expands battery, electric powertrain output in UKThe Banbury facility will open in 2024 and operate alongside Fortescue's other Oxfordshire facilities including the Kidlington factory whic...
Thermax enters the green hydrogen market in partnership with Fortescue Future IndustriesUnder the MoU, Thermax and FFI plan to explore opportunities to jointly develop fully integrated green hydrogen projects for commercial and...
Australian shares extend gains as miners advanceThe S&P/ASX 200 ended 0.3% higher at 7,406.2, adding 1.5% for the week.
Australian shares end at 2-month high on tech, banking boostThe market "was seen to be replicating the trend seen on Wall Street last night... investors shrugged off concerns that intensifying price ...
Australian shares mark 2-month closing low on Omicron fears"Few vaccine and therapy chief executives have expressed concerns about the efficacy of vaccines against the Omicron variant and it will ta...
Australia shares edge higher on Fortescue boost, banking losses cap gainsShares of Fortescue Metals Group were among the biggest gainers on the benchmark, ending nearly 7% higher, after the mining heavyweight rep...
Australia shares close week at record high on healthcare boostThe S&P/ASX 200 index ended 0.5% higher at 7,628.9, scaling a record close for the fourth time this week. Shares of export-reliant healthca...
Australia shares rise with mining, tech in leadFortescue shares jumped nearly 3%, helping the mining subindex scale a record high, after the world's fourth-largest iron ore miner narrowl...
ASX 200 index closes 0.3% higher; Australian shares extend gains to close near 14-month peakThe S&P/ASX 200 index closed 0.3% higher at 7,082.3. Gains in tech and gold stocks helped outweigh dismal trading updates from Woolworths a...
Australia shares end at near 3-month low as banks, miners slumpTop iron ore miners Rio Tinto, BHP Group and Fortescue Metals Group fell 1.2% each as prices of the steelmaking ingredient dropped 2.2% on ...
Australian shares end higher as miners lead, virus cases abateAmong shares and sectors, Rio Tinto led the gains with its near 4% rise, while Fortescue Metals Group and BHP Group added 2.1% and 1.9%, re...
Australian shares end higher on iron ore miners; NZ upThe S&P/ASX 200 index closed 0.2 per cent higher at 6,295.7.
Australian shares weaker as Sino-US trade woes hit miners; NZ upThe benchmark snapped three weeks of gains to decline 0.5 per cent this week.
Australian shares inch up amid subdued investor interest; NZ risesBrent crude futures fell 3.4 per cent on Thursday.
NMDC slashes iron ore rates by over 50 per cent; more revision likelyConsidering global iron ore supply-demand scenario, analysts are of the view that further downward revision in prices by NMDC is possible.
- Iron ore heads for longest bear market in 20 years
Iron ore, the commodity most leveraged to China’s growth and Australia’s biggest export earner, is heading for the longest bear market in 2...
- China may invest $3 bn in Aussie miner Fortescue
China, the world’s largest metal consumer, may invest about $3 billion in Fortescue Metals Group Ltd, Australia’s third-biggest iron ore ex...