Fortescue Metals Group Ltd (FMG.AX)
28 Mar 2017
MELBOURNE, March 24 Fortescue Metals Group Ltd , the world's No.4 iron ore miner, will pay down $1 billion in a term loan on March 30, it said on Friday, as it looks to continue its cost-cutting drive.
* Refers to media reports regarding submission of an indicative bid for Wesfarmers Curragh coal mine assets
SYDNEY, Feb 22 Australia's Fortescue Metals Group Ltd on Wednesday reported a 383 percent rise in interim net profit to $1.2 billion, surpassing the $319 million in the year-earlier period on the back of a surprise surge in iron ore prices, but still fell short of market expectations.
SYDNEY, Jan 31 A Chinese crackdown on inefficient steelmaking will support demand for iron ore imports, Australia's Fortescue Metals Group said on Wednesday, maintaining its forecast for record shipments this year amid a rebound in prices.
SYDNEY, Jan 31 World no. 4 iron ore miner Fortescue Metals Group on Tuesday reported a slight drop in second-quarter shipments but remained on track for a bumper year as demand and prices continue to outstrip forecasters' expectations of a slowdown.
SYDNEY Australia's environmental authorities on Wednesday cleared the way for the world's No. 4 iron ore miner Fortescue Metals Group to extend operations at a key mine site for another 35 years.
Oct 12 Australian shares fell on Wednesday, dragged down by commodities, amid a sour start to Wall Street's corporate earnings season and raised bets on a year-end Federal reserve interest rate hike.
SYDNEY Fortescue Metals Group on Monday said it has bought out rival BC Iron's 75 percent interest in a mothballed iron ore mine in Australia for just one dollar, ending a seven-year partnership forged during the now-defunct mining boom.