Fortescue Ltd. plans to buy Red Hawk Mining Ltd. to gain access to an undeveloped iron ore mine near its major Solomon project in Western Australia. The offer price of as much as A$1.20 cash per ...
The Tłı̨chǫ Government (TG) based out of Canada’s Northwest Territories and Australian miner Fortescue (ASX: FMG) signed a Memorandum of Understanding (MOU) at the Association for Mineral ...
Replacing fossil fuels with green hydrogen depends on creating demand by making it price competitive, as buyers are unwilling to pay "green premiums", Fortescue Energy CEO Mark Hutchinson told ...
Iron ore remains Fortescue’s lifeblood. The company put its goal of producing 15 million tons of green hydrogen a year by 2030 on hold last year. Activity on the technology was slowed down ...
Replacing fossil fuels with green hydrogen depends on creating demand by making it price competitive, as buyers are unwilling to pay “green premiums”, Fortescue Energy CEO Mark Hutchinson told ...
Fortescue Ltd (ASX: FMG) shares are having a subdued session on Tuesday. In morning trade, the iron ore giant's shares are down slightly to $18.58. According to the release, Fortescue has had an ...
Hutchinson said final investment approvals were still pending for green hydrogen projects in Norway and Brazil, originally due in 2023, with Fortescue Energy waiting to bring in more investors.
Fortescue FMG1.02%increase; green up pointing triangle on Thursday reported a rise in second-quarter iron-ore shipments, and said first-half exports of the steel ingredient were the highest in its ...
Fortescue has kept its annual iron ore shipment target steady following a record-breaking performance in the first half, fuelled by strong output from its Pilbara operations and progress at the ...
at the end of the day, the economics have to work," he added. Fortescue Energy, the green energy arm of Australian iron ore miner Fortescue's, said in July that it was unlikely to meet its target ...
Fortescue Ltd (ASX: FMG) shares are on the slide on Thursday morning. At the time of writing, the mining giant's shares are down 1% to $18.78. This follows the release of the company's quarterly ...
RBC Capital analyst Kaan Peker maintained a Buy rating on Fortescue Metals Group Ltd (FSUMF – Research Report) on January 23 and set a price target of A$21.00. The company’s shares closed ...