FORTESCUE’s first-half profit plunged by 53 per cent from the year before as demand for iron ore from the biggest consumer ...
Fortescue on Thursday reported a drop in first-half profit and said it was reconsidering timeframes for some of its green ...
Fortescue reported a slump in first-half profit on Thursday, missing analysts' forecasts, and said it was reconsidering the ...
The major producers are posting lower profits and slashing dividends which is expected to accelerate as a new wave of iron ...
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 ...
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 ...
The Andrew Forrest-led mining giant has cut its green energy capex and is considering pausing $1 billion of approved hydrogen ...
Fortescue’s result comes just hours after Rio Tinto Group became the latest mining major to post a slide in profit as the ...
Fortescue, the world's fourth-largest iron ... The company said it had put under review the timeline for its Iron Bridge magnetite facility to get to capacity of 22 million tonnes a year but ...
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 ...
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 to ...