Forrest eyes PNG hydro power export play
Andrew Forrest and FMG are considering a plan to revive a $5bn hydro power scheme in Papua New Guinea.
Fortescue Metals
Woolies boost buoys ASX as $A lifts
Strength in Woolworths and BHP helped the market to hold on to gains at the close, as Fortescue shares rose to new heights.
Fortescue posts record profit, lifts dividend
Fortescue Metals’ record profit, and higher dividend, comes as it ships more iron ore than ever before and prices soar.
Andrew Forrest’s $3bn dividend bonanza
The billionaire Fortescue chairman will pour big sums into his Minderoo Foundation after another big payday.
Dividend bonanza after miner’s record year
Iron ore miner Fortescue Metals Group has delivered a record result and declared a whopping shareholder payout.
Great stock in Forrests’ lifeline
WA Opera, Black Swan Theatre and the WA Ballet are among the groups to have benefited from a surge in the value of Fortescue shares.
Fortescue hits new Pilbara iron ore records
Fortescue has smashed through production records, with high iron ore prices suggesting another bumper dividend.
ASX snaps rally on growing trade fears
In a rollercoaster session, the market started firmly higher, fell on reports of a new trade threat and finished the day near its lows.
Mining lift no match for bank drag
The ASX slipped by 0.4pc but was supported slightly by strength in Fortescue and BHP, while Rio told shareholders China was back to ‘business as usual’.
Original URL: https://www.theaustralian.com.au/topics/fortescue-metals/page/26