FORTESCUE’s first-half profit plunged by 53 per cent from the year before as demand for iron ore from the biggest consumer ...
Reserve Bank of New Zealand Governor Adrian Orr said on Thursday that New Zealand was now in an environment of low and stable ...
Fortescue’s result comes just hours after Rio Tinto Group became the latest mining major to post a slide in profit as the ...
Fortescue on Thursday reported a drop in first-half profit and said it was reconsidering timeframes for some of its green ...
A record 97.1 million tonnes (Mt) of iron ore being shipped during the first half of the 2024–25 financial year (H1 FY25) has ...
The major producers are posting lower profits and slashing dividends which is expected to accelerate as a new wave of iron ...
The Andrew Forrest-led mining giant has cut its green energy capex and is considering pausing $1 billion of approved hydrogen ...
Fortescue has signalled more delays and cost blows out around its troubled Iron Bridge magnetite project as it continues to ...
Shares of Australia's Fortescue slipped on Thursday to a one-week low as it posted a marginal rise in its second-quarter iron-ore shipments, largely in line with market expectations for the period.
While the majority of this came from its Hermatite Operations, Fortescue's Iron Bridge Magnetite Project made notable progress during the half. Shipments from Iron Bridge totalled 1.5Mt in the ...