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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.
The Fortescue Metals Group Ltd (ASX:FMG) share price is in focus after the ASX iron ore share announced its quarterly June 2023 update.
News that the Chinese government was committed to supporting a slowing economy with economic stimulus were enough to drive both the All Ordinaries and S&P/ASX200 to a 0.5% gain.
The Fortescue Metals Group Ltd (ASX:FMG) share price is up after it announced that it’s acquiring a 100% interest in a US green hydrogen hub.
Various ASX mining shares have seen their share prices rise this morning, including the BHP Group Ltd (ASX:BHP) share price rising 1.4%.
The Fortescue Metals Group Ltd (ASX:FMG) share price is up around 1% after reports of the company’s US battery plans.
The Fortescue Metals Group Ltd (ASX:FMG) share price has managed to stay above $20 for most of 2023. Could it be a buy for FY24?
The Fortescue Metals Group Ltd (ASX:FMG) share price is down. Andrew Forrest has donated a stake in the company worth billions of dollars.
The Fortescue Metals Group Ltd (ASX:FMG) share price is under the spotlight today after an announced $2 billion for hydrogen in the budget.
The Fortescue Metals Group Limited (ASX:FMG) share price is in focus after the ASX iron miner released its quarterly March 2023 update.
