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FORTESCUE METALS GROUP
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...- The world’s iron ore powerhouse is preparing to reinvent itselfLast year, iron ore shipments accounted for about 5% of the country’s gross domestic. But now China is cooling, while steel producers are u...
- 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...
- 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 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 ...
- Miners drag Australia shares lower on weak iron ore prices; NZ dips on GDP jolt"There are some demand concerns," said James Tao, a market analyst at CommSec, pointing to potentially lower demand for Australia's iron or...
- 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...
- Australia shares end higher on tech surge, virus slowdown optimismThe country's second-most populous state of Victoria reported its smallest daily rise in fresh COVID-19 cases in seven weeks following stri...
- Australian shares end lower on worries over fast-spreading coronavirusThe S&P/ASX 200 index closed 0.3 per cent lower at 7,139.
- Iron ore glory days seen numbered as China demand rolls over“Steel demand is no longer going to be what it was,” Ed Morse said in an interview.
- 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 lower as financial stocks drag; NZ flatFinancials saw a turnaround in the last hour of trade, with the index falling 0.4 percent at close.
- Australia, NZ shares end higher; global growth worries persistSector heavyweight CSL Ltd rose 3.4 per cent, while Cochlear Ltd was up 2.9 per cent.
- Aussie shares rise in muted trade ahead of US elections; NZ upThe S&P/ASX 200 index rose nearly 1%, or 57.1 points to 5875.20 at the close of trade
- Australian shares inch up amid subdued investor interest; NZ risesBrent crude futures fell 3.4 per cent on Thursday.
- Aussie shares end lower on banks and miners; NZ downA sell-off in Chinese iron ore futures led to a weakness in mining stocks.
- Iron ore heads for longest bear market in 20 yearsIron 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 FortescueChina, the world’s largest metal consumer, may invest about $3 billion in Fortescue Metals Group Ltd, Australia’s third-biggest iron ore ex...
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