Fortescue Ltd.’s first-half profit plunged by 53% from the year before as demand for iron ore from biggest consumer China softened. Most Read from BloombergTrump to Halt NY Congestion Pricing by ...

Fortescue’s result comes just hours after Rio Tinto Group became the latest mining major to post a slide in profit as the ...

It built much of its capacity around the China boom peak and baked in a higher capital base than peers. This means returns are likely to lag the industry leaders who benefited from building ...

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

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