Fortescue to stem pipeline cash flow
Fortescue Metals Group is considering shifting a major cost component of its Iron Bridge Magnetite Project off its own books.
Fortescue Metals
Ex-PM Turnbull, the spy and Forrest’s moonshot
Former Prime Minister Malcolm Turnbull and Australia’s one-time chief spy will join Andrew Forrest’s push to green the world’s energy supply.
Turnbull’s surprising new gig
Former Prime Minister Malcolm Turnbull has teamed up with one of Australia’s richest men and an ex-spy boss for a surprising new role.
Stocks jump on dole boost
Australia’s sharemarket rose strongly as the government boosted the dole and US futures jumped. Turnbull to chair Fortescue Future Industries. BoQ led gains, travel stocks surged. Afterpay down as bond yields spike.
ASX finishes flat, BoQ to buy ME Bank
The ASX 200 finished flat amid mixed trading, as Treasury Wine shares powered back and BoQ made a move on ME Bank.
Woodside watching Fortescue costs blowout
Woodside Petroleum concerned resources inflation could hit big gas projects as the LNG producer warned of higher costs for offshore drilling.
Forrest $1.6bn windfall from Fortescue
Fortescue dividend almost doubles as iron ore prices help deliver a $US4.1bn profit, but its Iron Bridge project is a headache.
A question of culture at Fortescue
Fortescue boss Elizabeth Gaines talks a lot about culture. But some in the market wonder whether the heads which were rolled this week really deserved it.
$834m in blowouts spur Fortescue exits
Another top Fortescue executive is set to exit as CEO Elizabeth Gaines’ annual bonus is cancelled in the wake of major blowouts.
ASX posts another solid gain, Bitcoin hits new record
ASX closes near 12-month high as BHP rallies; New blow to Fortescue leadership; Bitcoin testing $US50,000 as it hits new record high.
Fortescue axes leaders as project blows out
Fortescue Metals has rung the changes in its senior leadership team as it struggles to get costs at its Iron Bridge magnetite operation back on track.
Slavery was even in Fortescue’s suppliers: Forrest
Andrew Forrest says modern slavery was “rife” and potentially in his own supply chain, and business must ask “am I doing enough?”
Fortescue reviews magnetite project cost
Amid blowout fears, Fortescue in ‘detailed review’ of massive Pilbara magnetite mine, as cash rolls in from iron ore.
ASX dragged lower by miners
Stocks drop amid resources selloff, with Fortescue sinking, while plumber Reliance gained. Business conditions hit a two-year high.
ASX pulls back after strong run
The ASX pulled back after its recent strong run, with Fortescue among the losers after being forced to release first-half profit guidance.
Oil’s time up: hydrogen will power the future
There’s enough pollution-free, renewable energy out there to power humanity for the entire Anthropocene age.
Hydrogen jackpot ‘ours if we act fast’
Fortescue Metals chairman Andrew Forrest is pitching hydrogen energy as Australia’s renewable energy future.
Mining blowout as wages start rising
Boom times are back, commodity prices are on the up, amid early speculation of a new commodities super cycle.
Fortescue mine hit by cost blowouts
Fortescue Metals is facing the prospect of a major budget blowout at its Iron Bridge magnetite project in Western Australia.
Iron ore strength spurs record share highs
Investors are positioning ahead of what is expected to be a bumper dividend season.
Original URL: https://www.theaustralian.com.au/topics/fortescue-metals/page/24