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.
Yesterday’s decline of the S&P/ASX 200 (INDEXASX:XJO) was enough to wipe out all of the previous day’s gains. The energy and mining sectors were in focus.
The S&P/ASX 200 (INDEXASX:XJO) is tipped to open higher this morning. Amaysim Australia (ASX:AYS) and Vicnity Centres (ASX:VCX) shares are in the news.
2020 has been one of the most eventful years in modern history. There may be some lessons to learn from it.
The S&P/ASX 200 (INDEXASX: XJO) is expected to open flat on Monday. CSL Limited (ASX:CSL) and Westpac Banking (ASX:WBC) shares are in the news.
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?
