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
S&P/ASX 200 (XJO) just had its worst week in 2 years, now what?
The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) just capped off its worst week since March 2020, falling 1.8 per cent on Friday and dragging the ASX200 down 6.6 per cent for the week. The 6.6 per cent fall in the ASX 200 followed a 4.2 per cent drop in the prior week which now has the index nearing a bear market.
ASX 200 morning report: Liontown (LTR) & Pilbara (PLS) shares tank on lithium oversupply
The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (INDEXASX: XAO) ended slightly higher on Wednesday despite the Liontown Resources Ltd (ASX: LTR) share price and Pilbara Minerals Ltd (ASX: PLS) share price taking a bath following concerns over lithium prices.
ASX 200 morning report – Appen left at the altar
The S&P/ASX 200 (INDEXASX:XJO) shed 0.7% on Thursday as the Appen (ASX:APX) share price made headlines on takeover news.
ASX 200 morning report – tech & coal shares in focus
The S&P/ASX 200 (INDEXASX:XJO) was weighed down on Tuesday by concerns that COVID-19 lockdowns have hurt economic growth in China.
ASX 200 set to fall – FMG, BLD & BSL shares in focus
The S&P/ASX 200 (ASX:XJO) gained 1% on Wednesday on the back of a 2.5% jump in the materials sector as Fortescue (ASX:FMG) made headlines.
Fortescue (ASX:FMG) share price in focus as Forrest resumes CEO role
The Fortescue Metals Group Limited (ASX:FMG) share price is under the spotlight after announcing leadership changes at the business.
ASX 200 morning report – mining and energy boost market
The S&P/ASX 200 (ASX: XJO) finished up 0.8% on Thursday as ASX mining and energy shares, such as Whitehaven Coal (ASX:WHC), made headlines.
ASX 200 morning report – ANZ, AVZ & TPW shares in focus
The S&P/ASX 200 (ASX: XJO) eased 0.2% on the first day of a new interest-rate environment as ANZ (ASX:ANZ) shares made headlines.
Fortescue (ASX:FMG) share price rises after record shipments
The Fortescue Metals Group Limited (ASX:FMG) share price is up after the miner announced record shipments with its quarterly update.