Company News: Fortescue Metals Group
Updated: 15 May 2012
Fortescue is the New Force in Iron Ore and has joined the world's leading producers of iron ore.
Since the Company was formed in 2003, its extraordinary growth has been unparalleled. Listed in the S&P/ASX 50 share index, Fortescue has firmly established itself as one of the world's largest producers and sea-borne traders of iron ore.
Financial Information
- 87 Adelaide Terrace East
- Perth
- WA
- 6004
- Australia
Most Recent Company News
- BC Iron boosts Nullagine life - 13 Apr 2012 9:46am
Recent resource and reserve upgrades at the Nullagine iron-ore joint venture in Western Australia’s Pilbara region have allowed project operator BC Iron Ltd to extend the planned mine life Read more... - Making a splash - 29 Mar 2012 11:30am
Large-scale marine mining is set for accelerated growth Read more... - Australia passes resource tax - 23 Mar 2012 11:58am
After several years of political wrangling and heated debate, Australia’s Senate has passed the Mineral Resource Rent Tax (MRRT), which will compel iron-ore and coal producers to pay a 22.5% levy on all profits exceeding A$75 million (US$78 million) Read more... - FORTESCUE BOND DEAL - 16 Mar 2012 12:25pm
Fortescue Metals Group Ltd has sold US$2 billion of unsecured bonds, saying it would use the proceeds to acquire mobile mining equipment as part of a major expansion plan. Read more... - ‘Infamous billionaires’: Australia treasurer attacks mining magnates - 09 Mar 2012 12:33pm
A war of words erupted across Australia this week, after deputy prime minister and treasurer Wayne Swan said that individuals including Andrew Forrest and Gina Rinehart were subverting the country’s democracy by resisting mineral tax reform Read more... - Iron Valley MoU - 17 Feb 2012 12:54pm
Fortescue Metals Group Ltd (FMG) and Iron Ore Holdings Ltd (IOH) have signed a binding memorandum of understanding concerning IOH’s 260Mt Iron Valley iron-ore project in Western Australia’s Pilbara region. Read more... - Who’s looking at Fortescue? - 10 Feb 2012 12:46pm
This past week saw speculation about an increased stock interest in Fortescue Metals Group Ltd, with reports claiming that commodities trader Noble Group Ltd was moving to secure a stake in the Australia-focused iron-ore producer Read more... - Go-ahead for BHPB's US$40bn Port Hedland expansion - 27 Jan 2012 1:18pm
BHP Billiton has been granted approval by Australia’s Environmental Protection Agency (EPA) for its US$40 billion Port Hedland expansion project. Read more... - Magnetite estimate for Fortescue - 20 Jan 2012 12:42pm
Fortescue Metals Group Ltd (FMG) has received a resource estimate for its North Star magnetite iron-ore project, 100km south of its Port Hedland facilities in Western Australia Read more... - Heavy weather in Brazil and Australia - 13 Jan 2012 1:07pm
Tropical cyclone Heidi forced temporary stoppages across the Pilbara ports on January 11. The storm moved in strength from category 1 to category 2 as it approached the north-west Australian coast early on Thursday morning. Read more...
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