Fortescue (ASX:FMG) share price sinks as profit plummets 53%
Jaz Harrison
February 20, 2025
The Fortescue Ltd (ASX:FMG) share price is down 7% after
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 Ltd (ASX:FMG) share price is down 7% after
The Fortescue Ltd (ASX:FMG) share price has risen 3.4% since
The Reece Ltd (ASX:REH) share price has increased 1.0% since
Is the Fortescue Ltd (ASX:FMG) share price cheap? Here are
The Fortescue Ltd (ASX:FMG) share price has decreased 34.1% since
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The Reece Ltd (ASX:REH) share price is up 7.4% since
The Fortescue Ltd (ASX:FMG) share price is in focus after
The Fortescue Ltd (ASX:FMG) share price is down around 36.0%
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