FORTESCUE’s first-half profit plunged by 53 per cent from the year before as demand for iron ore from the biggest consumer ...

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 ...

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 ...

Fortescue, helmed by billionaire and Chairman Andrew Forrest, last year backtracked on plans to become a green-energy powerhouse and remains less diversified in other commodities than its peers.

Reserve Bank of New Zealand Governor Adrian Orr said on Thursday that New Zealand was now in an environment of low and stable ...

Iron Bridge, Fortescue’s major iron ore growth project, is ramping up but still production remains short of its expected full capacity. The high-grade ore from that mine is marketed at a premium ...

Fortescue has signalled more delays and cost blows out around its troubled Iron Bridge magnetite project as it continues to ...

Fortescue is the world's fourth-largest iron ore exporter. Margins are well below industry leaders BHP and Rio Tinto, and some way behind Vale, meaning Fortescue sits in the highest half of the ...

Iron ore prices moderated last year on weak demand from China's struggling property sector and high portside inventories, ...

The Andrew Forrest-led mining giant has cut its green energy capex and is considering pausing $1 billion of approved hydrogen ...