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ASX Market Update: Fortescue disappoints with quarterlies miss | October 24, 2024

Fortescue (ASX:FMG) has been down 3.5% on disappointing quarterly results. Iron Ore shipments were down 12%…
The Fortescue Christmas Creek mine in Pilbara.

Shipment downturn sees Fortescue fall – but first quarter actually hit record

Far fewer iron ore shipments through the last three months to the end of September has…
Mining haul truck exhaust

Fortescue to make 2/3rds of fleet electric – right as ASIC’s scope 3 reporting rules kick in

Former Fortescue Metals Group (ASX:FMG) – now just Fortescue – has expanded its push to explore…
Hydrogen pipeline concept

Twiggy Forrest to acquire 40% of native hydrogen explorer – not long after putting Fortescue Future Industries to sleep

After cutting 700 jobs and scrapping Fortescue Future Industries (FFI) in mid-July, Twiggy Forrest – the…
The Market Online Video

ASX Market Update: Index climbs as Fortescue falls despite jump in profit | August 28, 2024

The ASX200 has been down around 0.4% in early afternoon trade. Reporting season continues and JP…
Image of a haulage truck and ore at a mine site.

Question mark over Fortescue fortunes, as BHP also tracks down despite copper acquisition

Mining giants Fortescue Ltd and BHP Group Ltd were notably weak performers on today's market, despite…
A businessman analyzing a digital stock market chart, blue and black background, investment concept. Generative AI

Quarterly & half yearly reports: Drives Newmont up, Ampol flat, while Fortescue plunges 2.6%

Three major energy and resources companies: Fortescue, Newmont and Ampol have reported half yearly or quarterly…

Fortescue recovers from iron ore export slump with record shipments in month of March

Fortescue has delivered a mixed-bag report for the March 2024 Quarter, showing a recovery in iron…

GenusPlus wins $50M contract to build poles and wires for Fortescue

GenusPlus has inked a deal with Fortescue to supply the latter with the poles and wires…

Fortescue snatches up one fifth of Magmatic in electrification push

ASX-listed microcap explorer Magmatic Resources' (ASX:MAG) shares were up 40% out the gate on Friday as…