Fortescue profit plunges as China’s iron ore demand declines

FORTESCUE’s first-half profit plunged by 53 per cent from the year before as demand for iron ore from the biggest ...

Australia’s Fortescue record Q1 iron ore shipments marred by cost pressures

October 24, 2024

AUSTRALIA’S Fortescue, the world’s fourth-largest iron ore miner, on Thursday (Oct 24) posted a 4 per cent rise in its ...

Australia’s Fortescue beats dividend payout view, shares rise

by Brand Post

August 28, 2024

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AUSTRALIA’S Fortescue reported a rise in annual profit on Wednesday (Aug 28), boosted by higher iron ore shipments from its ...

Australia’s Fortescue to step up energy spending despite job cuts

by Brand Post

July 25, 2024

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AUSTRALIA’S Fortescue said on Thursday (Jul 25) it will increase spending on its energy division to advance several new green ...

Australia’s Fortescue to cut about 700 jobs; appoints insider Apple Paget as CFO

by Brand Post

July 17, 2024

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FORTESCUE will reduce about 700 jobs, or 4.5 per cent of its global workforce, in a fresh restructuring round, the ...

Tag: Fortescue