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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 S&P/ASX 200 (INDEXASX:XJO) is set to take a backwards step when the market opens on Friday. Appen (ASX:APX) and Link (ASX:LNK) shares are making headlines.
Could it be time to jump on ASX iron ore miners such as Fortescue Metals Group Limited (ASX:FMG), BHP Group Ltd (ASX:BHP) and Rio Tinto Limited (ASX:RIO)?
Iron ore producers were the standout on the ASX yesterday, with shares in Fortescue Metals (ASX: FMG) surging over 13% by the day’s close. Here are my thoughts.
The S&P/ASX 200 (INDEXASX:XJO) is set to edge lower when the market opens on Friday. Kogan.com (ASX:KGN) and Qantas (ASX:QAN) shares are making headlines.
Could Fortescue Metals Group Limited (ASX: FMG) be the best ASX dividend share?
The Australian share market and S&P/ASX 200 (ASX: XJO) is expected to rise at the open on Thursday. Here’s what you need to know.
The S&P/ASX 200 (INDEXASX:XJO) is expected to rise at the open this morning. ASX travel shares, miners and Redcape Hotel Group (ASX:RDC) are in the news.
Fortescue Metals Group Limited (ASX:FMG) shares are down 2% despite the business being approved for more exports.
The S&P Dow Jones Indices has announced the changes to the various S&P/ASX Indices. The changes will happen on 21 September 2020.