Fortescue Ltd (ASX:FMG)
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
Fortescue Ltd (ASX:FMG) share price news
Oil and gas lifts local market on Monday
The S&P/ASX 200 (INDEXASX: XJO) closed up 23 points, or 0.3 per cent, to 7578.4, around 50 points shy of its all-time high reached in August 2021. The broader All Ordinaries (INDEXASX: XAO) gained 23.1 points, also 0.3 per cent, to 7,808.3.
S&P/ASX 200 (INDEXASX:XJO) up: ResMed (ASX:RMD) & Min Res (ASX:MIN) impress
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.48% to 7,555.40.
Fortescue (ASX:FMG) share price rises on December 2023 quarter performance
The Fortescue Metals Group Ltd (ASX:FMG) share price is up more than 1% after its December 2023 update with strong iron ore prices.
S&P/ASX 200 (INDEXASX:XJO) rips into the weekend: Whitehaven Coal Ltd (ASX:WHC) production beats
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +1.02% to 7,421.20.
Resources woes drag the S&P/ASX 200 (INDEXASX:XJO) lower
Resources troubles weighed on the Australian share market on Thursday, with the benchmark S&P/ASX 200 (INDEXASX: XJO) index share price
China, rates front and centre
The benchmark S&P/ASX 200 (INDEXASX: XJO) index fell 21.7 points, or 0.3 per cent, to 7393.1, with five of the 11 sub-sectors retreating. The broader All Ordinaries (INDEXASX: XAO) shed 24.6 points, also 0.3 per cent, to 7,622.
S&P/ASX 200 (INDEXASX:XJO) cops reality check: All sectors down
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -1.09% to 7,414.80.
Uranium gives the S&P/ASX 200 (INDEXASX:XJO) a glow
Weaker iron ore prices saw BHP Group Ltd (ASX: BHP) shed 53 cents, or 1.1 per cent, to $47.18, while Rio Tinto Ltd (ASX: RIO) lost 83 cents, or 0.6 per cent, to $128.32, and Fortescue Ltd (ASX: FMG) eased 13 cents, or 0.5 per cent, to $27.24.
Could this move by China put a rocket under ASX mining shares?
ASX mining shares may soon get another boost based on a potential move by China. Is this good news for BHP Group Ltd (ASX:BHP)?