Fortescue Ltd (ASX:FMG)
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Fortescue Ltd (ASX: FMG) is a global leader in the iron ore industry, known for its leading development of world class infrastructure and mining assets in the Pilbara region of Western Australia. Fortescue was founded in 2003 by Andrew Forrest, who is now one of Australia’s wealthiest people. The vast majority of Fortescue’s iron ore, a steel-making ingredient, is shipped and sold to Chinese customers.
Fortescue Ltd (ASX:FMG) share price
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Fortescue Ltd (ASX:FMG) share price news
Fortescue Metals Group Ltd (ASX:FMG) and South32 Shares Jump 5% On Trade War Truce
The share prices of Fortescue Metals Group Limited (ASX:FMG) and South32 Ltd (ASX:S32) are both up more than 5% due to a trade war truce between the US and China.
Fortescue Metals Group Limited (FMG) Shares Fall Despite 40mt Production
The Fortescue Metals Group Limited (ASX:FMG) share price was trading 4% lower on Thursday after the Australian iron ore heavyweight released its quarterly production report.
ALL ORDINARIES Index Up, Woolworths (WOW) Shares Down
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.13% at lunch.
Fortescue Dividend Hits 23c As Profit Dips
Fortescue Metals Group Limited (ASX:FMG) released its 2018 financial results this morning and declared a final dividend of 12 cents per share.
S&P/ASX 200 News Monday
Here are the headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) and Australian finance circles on Monday morning.
Will Fortescue (FMG) Or Hancock Win Over Atlas Iron Limited?
Atlas Iron Limited (ASX:AGO) shareholders have woken to the news that its board has recommended the takeover offer from Gina Rinehart’s Hancock Prospecting. But Fortescue Metals Group Limited (ASX:FMG) is circling.
ASX 200 Pre-Market News
Here are the news headlines from the S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO) on Friday. In focus: Gentrack Group Ltd (ASX:GTK) reaffirms guidance and the Atlas Iron Ltd (ASX:AGO) board tips the Hancock offer.
ALL ORDINARIES Index Down, BHP Shares Fall
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.5% at lunch.
Fortescue Metals Group Limited (FMG) Approves $US1.3b Pilbara Project
Fortescue Metals Group Limited (ASX:FMG) announced that its board has approved the development of the West Australian Eliwana mine and rail project, estimated to cost $US1.275 billion.