By Oliver Gray Investing.com - The S&P/ASX 200 finished Monday’s session down 12.1 points or 0.2% to 7,481.7, following gains of 0.6% in the previous week as investors braced for...
By Oliver Gray Investing.com - The S&P/ASX 200 added 27.2 points or 0.4% to 7,495.5 after the first 90 minutes of Friday’s trade, recouping losses of 0.3% in the previous session...
Fortescue Metals Group Ltd (Fortescue) is an Australia-based company engaged in iron ore mining. The Company is engaged in development of infrastructure and mining assets. It is focused on exploration, development, production, processing, and sale of iron ore. Fortescue owns and operates a fully integrated infrastructure and supply chain, including five-berth Herb Elliott Port in Port Hedland; the Judith Street Harbour towage infrastructure and the heavy-haul railway covering 620 kilometers of track. Fortescue is also developing the Eliwana Mine and Rail Project and the Iron Bridge Magnetite Project. It is also focused on Paterson and Rudall projects in Western Australia and a drilling program at Vulcan South on the Tasman Resources Joint Venture project in South Australia. Fortescue activities include drilling programs in Argentina and exploration activities over several project areas in Chile, Brazil and Ecuador. It also operates The Solomon Hub in the Hamersley Ranges.
|Average||12.199 (-44.423% Downside)|
|No. of Analysts||17|