Fortescue Ltd

FMG

AU000000FMG4

Iron & Steel

Delayed Australian S.E. Other stock markets 10:00:51 20/05/2024 am IST			5-day change	1st Jan Change
27.34 ^AUD	+1.48%		+5.11%	-5.65%

03:16am	Miners push Australia shares higher, cenbank minutes in focus	RE
17/05	Australia shares retreat as banks, technology, healthcare stocks drag	RE

Fortescue Metals Group Limited acquired seven claims in Cañariaco copper project.

January 31, 2020

Fortescue Metals Group Limited (ASX:FMG) acquired seven claims in Cañariaco copper project on January 31, 2020.

Fortescue Metals Group Limited (ASX:FMG) completed the acquisition of seven claims in Cañariaco copper project on January 31, 2020.

Latest news about Fortescue Ltd

Miners push Australia shares higher, cenbank minutes in focus	06:46am	RE
Australia shares retreat as banks, technology, healthcare stocks drag	17/05	RE
Australia shares jump as US inflation data reinforces rate-cut hopes	16/05	RE
Australia shares rebound on budget boost; US inflation data awaited	15/05	RE
Banks, energy stocks drag Australian shares lower; key economic data in focus	13/05	RE
Financials, property stocks push Australian shares higher	06/05	RE
Australian shares edge higher with Fed policy decision in focus	30/04	RE
Materials Slip as Dollar Strength Weighs -- Materials Roundup	25/04	DJ
News Highlights : Top Company News of the Day - Wednesday at 1 AM ET	24/04	DJ
Australian shares cut gains as inflation slowdown disappoints	24/04	RE
Australian shares climb on banks, energy boost; March-quarter CPI in focus	24/04	RE
News Highlights : Top Company News of the Day - Tuesday at 9 PM ET	24/04	DJ
Fortescue's Fiscal Q3 Iron Ore Shipments Down 6%; Full-Year Forecast Seen at Lower End	24/04	MT
Fortescue Forecasts Annual Iron-Ore Shipments at Lower End of Guidance	24/04	DJ
Australian shares face worst week in 19 months on US rate cut woes, geopolitical concerns	19/04	RE
KBR to Provide Green Ammonia Technology for Fortescue's Project in Norway	17/04	MT
Australian shares flat as miners counter gains in banks, gold stocks	17/04	RE
Australian shares follow Wall Street lower, commodity stocks top drag	16/04	RE
Australian shares fall after Iran's attack on Israel; banks top drag	15/04	RE
Australian prosecutors drop billionaire Forrest's case against Meta	12/04	RE
Australian shares inch lower as miners drag	12/04	RE
Miners boost Australian shares; NZ cenbank keeps rates steady	10/04	RE
New Zealand shares hold gains as c.bank expectedly holds rate; Aussie shares up	10/04	RE
Australian shares rise on mining and healthcare boost; US CPI data, RBNZ in focus	10/04	RE
Sparc Technologies-Fortescue JV Completes Second Reactor Prototype Testing	09/04	MT

Chart Fortescue Ltd

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Company Profile

Fortescue Ltd, formerly Fortescue Metals Group Ltd, is an Australia-based integrated green technology, energy, and metals company. The Company operates through two segments: Metals, and Energy. The Metals segment is engaged in the exploration, development, production, processing, sale and transportation of iron ore, and the exploration for other minerals. The Energy segment is engaged in the development of green electricity, green hydrogen, and green ammonia projects. Through its growth project Iron Bridge and its interest in the Belinga Iron Ore Project in Gabon, it is investing in the growth of its iron ore business. Its integrated operations in the Pilbara include the Chichester, Solomon and Western mining hubs. Its mining infrastructure is connected to the five berth Herb Elliott Port and Judith Street Harbour towage facility in Port Hedland. The Solomon Hub in the Hamersley Ranges is located 60 kilometers (km) north of Tom Price and 120km to the west of the Chichester Hub.

Sector

Iron & Steel

Calendar

25/07/2024 - June 2024 Sales and Revenue Release - Production Report

Related indices

S&P/ASX 200

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Income Statement Evolution

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Analysis / Opinion

Dino Otranto, CEO of Fortescue Metals: business strategy, acquisitions, iron ore and hydrogen

October 31, 2023 at 03:39 pm IST

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Ratings for Fortescue Ltd

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

18.01 USD

Average target price

14.11 USD

Spread / Average Target

-21.62%

Consensus

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Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Iron Ore Mining

	1st Jan change	Capi.
FORTESCUE LTD	-5.65%	55.39B
VALE S.A.	-14.27%	55.4B
NMDC LIMITED	+33.77%	9.85B
KUMBA IRON ORE LIMITED	-14.07%	9.33B
SHOUGANG HIERRO PERU S.A.A.	-2.36%	5.78B
CSN MINERAÇÃO S.A.	-32.95%	5.63B
NMDC STEEL LIMITED	+27.33%	2.3B
HAINAN MINING CO., LTD.	+10.02%	2B
HBIS RESOURCES CO., LTD.	+21.01%	1.84B
DETERRA ROYALTIES LIMITED	-6.74%	1.71B

Iron Ore Mining

Fortescue Ltd

Equities

FMG

AU000000FMG4

Iron & Steel

Fortescue Metals Group Limited acquired seven claims in Cañariaco copper project.

EPS Revisions