Fortescue (ASX:FMG) has reported a net profit of US$1.55 billion ($2.44 billion) for the half-year ended Dec. 31, 2024, a drop from US$3.34 billion ($5.26 billion) the previous year. The decline was ...

(Bloomberg) -- Fortescue Ltd.’s first-half profit plunged by 53% from the year before as demand for iron ore from biggest consumer China softened. The slump in net income to $1.55 billion for ...

Gift 5 articles to anyone you choose each month when you subscribe. Fortescue and the state of Western Australia have been hit with a $1.8 billion native title claim in an extraordinary escalation ...

Gift 5 articles to anyone you choose each month when you subscribe. Fortescue is considering pausing almost $1 billion of approved hydrogen projects in Australia and the United States as it ...

Andrew Forrest’s Fortescue has hit another shipment record, pumping out 97.1 million tonnes in the first half of the financial year. That’s a 3 per cent ...

Learn More The Fortescue Ltd (ASX: FMG) share price is falling hard today. Shares in the S&P/ASX 200 Index (ASX: XJO) mining stock closed yesterday trading for $19.45. At the time of writing in ...

MELBOURNE, Feb 20 (Reuters) - Fortescue (FMG.AX), opens new tab reported a slump in first-half profit on Thursday, missing analysts' forecasts, and said it was reconsidering the timeframes for ...

Red Hawk shareholders who have not yet accepted Fortescue’s A$1.20-a-share offer may still do so before the offer closes at 7:00 pm (AEDT) on March 3, unless extended or withdrawn.

Fortescue Ltd.’s first-half profit plunged by 53% from the year before as demand for iron ore from biggest consumer China softened. The slump in net income to $1.55 billion for the six months to ...

Fortescue on Thursday reported a drop in first-half profit and said it was reconsidering timeframes for some of its green energy projects as a pause in grants by the United States was leading to ...

Andrew Forrest-led Fortescue blamed US president Donald Trump, European policy uncertainty and the looming federal election in Australia for its latest second thoughts on green hydrogen projects.

FORTESCUE’s first-half profit plunged by 53 per cent from the year before as demand for iron ore from the biggest consumer China softened. The slump in net income to US$1.55 billion for the six months ...