Fortescue Ltd (ASX:FMG) Archives

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.

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Fortescue Ltd (ASX:FMG) share price news

ASX Growth Shares

ASX shares hit five-month high, Macquarie takes earnings hit

The local share market posted another strong day, adding 0.7%, as news of the Federal Reserve potentially pausing rate hikes boosted the property and technology sectors, up 3.3% and 2.2%, respectively.

July 28, 2023

Dividend Shares

Fortescue (ASX:FMG) share price falls despite record FY23 update

The Fortescue Metals Group Ltd (ASX:FMG) share price is in focus after the ASX iron ore share announced its quarterly June 2023 update.

July 27, 2023

miners push asx200 higher on China stimulus

ASX Share Ideas

Miners push S&P/ASX 200 (ASX:XJO) higher on China stimulus, retail hit on Domino’s weakness

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.

July 26, 2023