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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 Australiaā€™s wealthiest people. The vast majority of Fortescueā€™s iron ore, a steel-making ingredient, is shipped and sold to Chinese customers.

Fortescue Ltd (ASX:FMG) share price

Fortescue Ltd (ASX:FMG) share price news

ASX Bank Shares
James Dunn

S&P/ASX 200 (INDEXASX:XJO) starts the week in the green

The benchmark S&P/ASX 200 (INDEXASX: XJO) index adding 51.5 points, or 0.7 per cent, to 7124.7, with nine of the 11 sectors finishing in the green. The broader All Ordinaries (INDEXASX: XAO) index also rose 0.7 per cent, in its case 51 points, to 7,336.1.

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