Fortescue Metals Group Ltd (FVJ.BE)

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7.76

-0.59

(-7.01%)

At close: 2:21:54 PM GMT+2

Fortescue's Forrest on Tariffs, Copper, Climate Change

Fortescue's Andrew Forrest discusses his outlook for the commodities sector in an interview with Bloomberg Television on the sidelines of the Boao Forum in China. The billionaire founder says the mining group will "continue to build up" its copper option. He also says tariffs are "not a great trend" and serve as "a sugar hit." Forrest adds that "climate doesn't care" what politicians think and the impact of climate change is accelerating.

Bloomberg 12 days ago

FSUGY
The five-year decline in earnings for Fortescue ASX:FMG) isn't encouraging, but shareholders are still up 178% over that period

Fortescue Ltd ( ASX:FMG ) shareholders might be concerned after seeing the share price drop 19% in the last month. But...

Simply Wall St. 28 days ago

FSUGY

FSUMF
How can Australia’s mining industry recruit and retain more women?

Making mining more accessible to women will improve the industry’s efficiency and innovation.

Mining Technology last month

FSUGY

GFI
Fortescue First Half 2025 Earnings: Misses Expectations

Fortescue ( ASX:FMG ) First Half 2025 Results Key Financial Results Revenue: US$7.64b (down 20% from 1H 2024). Net...

Simply Wall St. last month

FSUGY

FSUMF
Fortescue misses profit estimates, shares slide

MELBOURNE (Reuters) -Fortescue reported a slump in first-half profit on Thursday, missing analysts' forecasts, and said it was reconsidering the timeframes for some of its green energy projects given policy uncertainty from the Trump administration. Australia's iron ore majors, including bigger rivals Rio Tinto and BHP reporting this week, have seen profits narrow to pre-COVID-era lows as prices for the steelmaking ingredient came under pressure from slowing Chinese demand, particularly in the property sector. Fortescue, the world's fourth-largest iron ore miner, said underlying attributable net profit after tax fell 53% to $1.55 billion for the six months ended December 31, amid falling prices of iron ore and higher costs.

Reuters last month

FSUGY
3 Top ASX Dividend Stocks To Enhance Your Portfolio

As the ASX200 experiences a modest uptick, with sectors like IT and Staples leading gains, investors are closely monitoring market dynamics to identify opportunities in dividend stocks. In this context, selecting robust dividend-paying stocks can be a strategic move to enhance portfolio stability and income, especially amidst the current economic landscape.

Simply Wall St. last month

FSUGY

FSUMF

AUSDF
Vale Q4 Iron Ore Output Declines Y/Y, Copper & Nickel Rise

VALE delivers iron ore production of around 328 Mt in 2024. It maintains 2025 iron ore production goal to be between 325 Mt and 335 Mt.

Zacks 2 months ago

VALE

FSUGY

RIO
Fortescue Ltd (ASX:FMG) is a favorite amongst institutional investors who own 53%

Key Insights Institutions' substantial holdings in Fortescue implies that they have significant influence over the...

Simply Wall St. 2 months ago

FSUGY

FSUMF
Fortescue’s Iron Ore Shipments Rose

The world’s fourth-biggest iron-ore producer reported a rise in second-quarter iron-ore shipments and said first-half exports of the steel ingredient were the highest in its history.

The Wall Street Journal 2 months ago

FSUGY

FSUMF
Here's What Fortescue's (ASX:FMG) Strong Returns On Capital Mean

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...

Simply Wall St. 3 months ago

FSUGY

FSUMF
RIO & BHP to Build Electric Smelting Furnace Plant to Lower Emissions

Rio Tinto and BHP are set to build Australia's largest ironmaking electric smelting furnace pilot plant study to lower emissions.

Zacks 3 months ago

RIO

BHP

FSUGY
ASX Dividend Stocks Fortescue Plus Two More Top Picks

As the Australian market experiences a dip, with the ASX200 down 0.6% to its lowest level in two weeks, investors are navigating a landscape influenced by Wall Street's weak performance and profit-taking activities. In this environment, selecting dividend stocks can be an appealing strategy for those seeking steady income streams amidst market volatility.

Simply Wall St. 3 months ago

FSUGY

FSUMF

LAU.AX
Fortescue secures $6.48m ARENA funding for heavy vehicle fast charger development

Preliminary testing of the technology is under way, with project completion expected by late 2025.

Mining Technology 4 months ago

FSUGY
XCMG wins $400m contract from Fortescue to supply zero-emissions equipment

The zero-emissions equipment is expected to eliminate millions of litres of fossil fuels from Fortescue's iron ore operations.

Mining Technology 4 months ago

FSUGY
Is Fortescue Ltd's (ASX:FMG) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Fortescue's (ASX:FMG) stock is up by a considerable 5.1% over the past week. As most would know, fundamentals are what...

Simply Wall St. 4 months ago

FSUGY

FSUMF
What progress has Australia’s mining sector made with emissions reduction?

Ahead of COP29, Mining Technology reviews the headway Australian mining companies have made to decarbonise their operations.

Mining Technology 4 months ago

FSUGY
ASX Dividend Stocks Featuring Fortescue And 2 More

As the ASX200 experiences a modest rise, buoyed by gains across all sectors and a notable performance in IT and Materials, investors are keeping a close watch on dividend stocks for their potential to provide steady income amidst market fluctuations. In this environment, selecting dividend stocks that align with current economic trends—such as those benefiting from resurgent commodity prices or expected international stimulus—can be key to building a resilient investment portfolio.

Simply Wall St. 4 months ago

FSUGY

FSUMF

AUSDF
Fortescue Ltd (ASX:FMG) Shares Could Be 48% Below Their Intrinsic Value Estimate

Key Insights Using the 2 Stage Free Cash Flow to Equity, Fortescue fair value estimate is AU$36.69 Current share price...

Simply Wall St. 5 months ago

FSUGY

FSUMF
Australia risks losing its iron ore dominance, Fortescue CEO says

(Reuters) -Australia risks losing its dominant position in the global iron ore market if it does not move swiftly to produce green iron, and would do well to learn lessons from the near wipe-out of its nickel industry, Fortescue CEO Dino Otranto said on Tuesday. Australia is the world's biggest supplier of seaborne iron ore, accounting for around half of global supply. That means as steel makers decarbonise, they are turning elsewhere for iron ore, which could hit Australia's top export earner, Otranto said at the IMARC conference in Sydney.

Reuters 5 months ago

FSUGY
Top ASX Dividend Stocks To Watch In October 2024

Over the last 7 days, the Australian market has remained flat, yet it is up 17% over the past year with earnings expected to grow by 12% annually in coming years. In this context of steady growth, dividend stocks that offer consistent payouts and potential capital appreciation can be particularly appealing to investors seeking reliable returns.

Simply Wall St. 5 months ago

NHPEF

NNMTF

FSUGY

Performance Overview

Return	FVJ.BE	S&P/ASX 200 [XJO] (^AXJO)
YTD	-26.87%	-10.00%
1-Year	-40.69%	-5.53%
3-Year	-17.71%	-1.34%

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Fortescue Metals Group Ltd (FVJ.BE)

Fortescue's Forrest on Tariffs, Copper, Climate Change

The five-year decline in earnings for Fortescue ASX:FMG) isn't encouraging, but shareholders are still up 178% over that period

How can Australia’s mining industry recruit and retain more women?

Fortescue First Half 2025 Earnings: Misses Expectations

Fortescue misses profit estimates, shares slide

3 Top ASX Dividend Stocks To Enhance Your Portfolio

Vale Q4 Iron Ore Output Declines Y/Y, Copper & Nickel Rise

Fortescue Ltd (ASX:FMG) is a favorite amongst institutional investors who own 53%

Fortescue’s Iron Ore Shipments Rose

Here's What Fortescue's (ASX:FMG) Strong Returns On Capital Mean

RIO & BHP to Build Electric Smelting Furnace Plant to Lower Emissions

ASX Dividend Stocks Fortescue Plus Two More Top Picks

Fortescue secures $6.48m ARENA funding for heavy vehicle fast charger development

XCMG wins $400m contract from Fortescue to supply zero-emissions equipment

Is Fortescue Ltd's (ASX:FMG) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

What progress has Australia’s mining sector made with emissions reduction?

ASX Dividend Stocks Featuring Fortescue And 2 More

Fortescue Ltd (ASX:FMG) Shares Could Be 48% Below Their Intrinsic Value Estimate

Australia risks losing its iron ore dominance, Fortescue CEO says

Top ASX Dividend Stocks To Watch In October 2024

Performance Overview