FSUGY News and Press, Fortescue Metals Group Ltd. ADR From 02/22/23

Summary Tesla recalling 362,758 vehicles, or is that just a software upgrade? Tesla is surrounded by what I call "noise," things that could go wrong but that are not of much significance (other than to shorters). And then there's reality, which is that Tesla is not just a car compan...

Summary Plug Power cancels green hydrogen JV with Fortescue Metals Group as not economic. Fortescue adamant about the future for green hydrogen: Is there a better technology solution than PLUG’s electrolysers? Fortescue Future Industries (100% owned by FSUGY) has lots of enth...

FORTESCUE FUTURE INDUSTRIES (FFI) AND NIKOLA TO COLLABORATE AND INVEST IN THE CO-DEVELOPMENT OF LARGE-SCALE U.S. GREEN HYDROGEN PRODUCTION PROJECTS PR Newswire PHOENIX , Jan. 24, 2023 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-...

Summary Electrification of Fortescue mining operations move a step forward with a huge battery (fast-charge 30 minutes) being trialled to power a 240-ton payload vehicle. Turmoil in one of Australia’s largest renewable energy projects, which planned to provide up to 15% of Singap...

Summary Pacer Global Cash Cows Dividend ETF holds 100 large cap dividend stocks in developed countries. GCOW is a well-balanced fund across countries and sectors. Yield, valuation, and dividend growth are attractive. Returns since 2016 are underwhelming, but the GCOW ETF has out...

Summary DTH invests in high yield stocks of developed countries, excluding North America. 52% of assets is in 3 countries: Japan, the U.K. and Australia. 54% is in 3 sectors: financials, materials and communication. Valuation looks attractive, but inflation-adjusted total ...

Summary Major Drilling is the leading contractor in the mining drilling space, with particular strength in specialized core drilling in challenging physical conditions for senior miners. Topline and margins have been in rapid rise since 2018 although market sentiment remains blas&...

Summary Fortescue finishes off FY22 with a strong Q4 operational performance. The near-term guidance isn't as rosy, however, particularly on the cost and capex run-rate. With FFI spending needs also weighing on the future capital return, the risk/reward seems unfavorable. ...

Chinese steel output has been under pressure for much of the year. Looking at the origins of Chinese iron ore imports, Australia remains the largest source of supply by a mile. While we expect iron ore prices to be supported in 2H22 due to expectations of a recovery in China, the ...

Many of the trends are impacted by the current Russia-Ukraine war and the need for the West to become independent from Russia. Top 5 trends for 2022 and beyond: Rapid adoption of EVs and a huge demand wave for EV metals. Renewable energy and energy security & independence. Bas...