Fortescue in new debt cut move
Fortescue Metals has made a further debt repayment of $US1bn, following its September return of US700m.
Fortescue Metals
Dark days behind Forrest
Fortescue Metals chairman Andrew Forrest admits his company had gone through some dark days.
Forrest’s family in ship shape
There’s a new “Nicola” in the life of Fortescue founder Andrew Forrest.
Forecasts may be wrong
If broker UBS is right, yesterday’s virile performance by our blue-chip miners should be only the beginning.
Twiggy slams BHP, Rio
Fortescue chair Andrew Forrest accuses BHP and Rio of “high-grading” their Pilbara iron ore mines for short-term gain.
Twiggy swells Fortescue stake
Andrew Forrest has splashed out on Fortescue shares, taking his holding beyond one third.
Rampant Fortescue’s rating cut
Fortescue’s market run has prompted Credit Suisse to warn the miner’s share price may have overshot fair value.
Fortescue targets more savings
Andrew Forrest’s Fortescue Metals Group has spelled out how it plans to deliver another round of deep cost savings.
Fortescue flags China ore demand
Shares in Fortescue jumped to a two-and-a-half-year high, after it expressed confidence in Chinese demand for iron ore.
Ardent sinks on Dreamworld death
Ardent Leisure shares lost nearly 8 per cent after four deaths at Dreamworld.
Fortescue sticks to guidance
Fortescue is chipping away at its production costs but the ability to extend the cost-cutting is under pressure.
Fortescue output up, costs down
Fortescue has maintained its full year guidance after outstripping expectations for first quarter iron ore output.
FMG pays $1 for BC Iron mine
Fortescue Metals Group will pay BC Iron just $1 for a 75 per cent interest in the mothballed Nullagine iron ore mine.
Fortescue in $1 mine stake deal
Fortescue will buy BC Iron’s 75pc stake in their suspended Nullagine JV for $1 and may resume mining.
Anglo American snares FMG CFO
Fortescue Metals Group chief financial officer Stephen Pearce will leave at the end of the year to join Anglo American.
Fortescue shakes up exec ranks
Longstanding CFO Stephen Pearce is about to exit the miner, as Greg Lilleyman joins in a separate role.
Fortescue retires $931m debt
Fat margins — and growing confidence in the iron ore price — has prompted Fortescue’s $931m early loan repayment.
Fortescue to pay back $925m
Fortescue has continued its push to slash debt during a period of relative stability in iron ore markets.
Fitch lifts Fortescue rating
The ratings agency has welcomed Fortescue’s efforts to further reduce costs and secured debt.
Fortescue rewarded for debt cuts
Ratings agency Moody’s has upgraded its credit ratings for Fortescue after the iron ore miner slashed debt.
Fortescue scores rating upgrade
Moody’s has lifted Fortescue Metals’ debt rating in the wake of its full-year profit.
Iron ore lifts on upbeat FMG
The iron ore price has inched higher, as Fortescue Metals Group voiced confidence in Chinese demand for the commodity.
Fortescue in record payout
Fortescue Metals will pay a record dividend, including $124.5m to chair Andrew Forrest, as profit triples to $1.3bn.
A testament to Fortescue grit
Fortescue has moved heaven and earth, and should now withstand whatever the iron ore market throws at it.
Forrest to score in record payout
Fortescue’s founder is set for a dividend bounty as it rewards shareholders, following a stellar recovery in profit.
Fortescue chief hails China steel
As four of China’s biggest steel mills are consolidated into two, Australia’s iron ore miners could benefit.
Fortescue hails China mergers
Consolidation flagged among China’s steel giants will benefit Australian iron ore miners, says Nev Power.
Fortescue cuts please market
The broader question for iron ore producers is how much steam is left in the 2016 recovery.
Fortescue falls short on costs
Despite cost cutting efforts coming up short, Fortescue shares surged on signs its Vale tie-up plans are progressing.
Fortescue unplugs lithium
Fortescue has decided to parcel up its lithium exploration rights in the Pilbara and sell them off.
Original URL: https://www.theaustralian.com.au/topics/fortescue-metals/page/21