FSUMF News and Press, Fortescue Metals Group Ltd. From 05/01/19

Australia's iron ore exports rebounded in April after production was hit by a cyclone in the previous month, but the surge in shipments was not enough to offset declining volumes from Brazil ever since January's tailings dam disaster. More news on: BHP Group, Rio Tinto Group, Vale S.A., ...

Fortescue Metals ( OTCQX:FSUMF +0.2% ) narrows its full year iron ore export guidance in the wake of disruptions caused by Tropical Cyclone Veronica. More news on: Fortescue Metals Group Limited, Fortescue Metals Group Limited, Commodities news, Read more ...

Copper prices rallied to nine-month highs today following stronger than forecast economic growth figures from China that raise expectations for higher demand in the world's top metals consumer. More news on: Freeport-McMoRan Inc., Southern Copper Corporation, Rio Tinto Group, Commoditie...

As exploration continues to ramp up throughout the country, the state of Western Australia has been gaining extra exposure through its coveted Pilbara region. Spanning over 500,000 square kilometers with a population of less than 100,000 people, the Pilbara has proven to be an undervalued, ...

Iron ore futures rally as much as 4% in Singapore to more than $90/mt, while spot ore jumps to a two-year high and the contract for high-grade ore extends gains above $100/mt. More news on: Vale S.A., Rio Tinto Group, BHP Group, Commodities news, Read more ...

Fortescue Metals ( OTCQX:FSUMF +1.7% ) and Taiwanese partner Formosa Steel say they will move forward with development of the Iron Bridge magnetite iron ore project in Western Australia, with plans to spend $2.6B (A$3.7B)  to substantially boost the grade of its iron ore exports. ...

BHP says its FY 2019 production and unit cost guidance are under review due to damage and disruption caused by tropical cyclone Veronica last week, with a preliminary estimate indicating iron ore production will be reduced by 6M-8M metric tons. More news on: BHP Group, Fortescue Metal...

Iron ore is heading for the biggest quarterly gain since late 2016 after Vale ( VALE +4.4% ) warned its full-year iron ore sales may shrink by as much as 20% due to its Brazil dam disaster, and Australia warned the impact from the disruption will be felt for years. More news on: Vale S...

Australian miners Rio Tinto (NYSE: RIO ) and BHP say they started to resume operations at some facilities that had been halted as two cyclones battered the country’s northern coastline over the weekend. More news on: Rio Tinto Group, BHP Group, Fortescue Metals Group Limited, ...

Miners Rio Tinto ( RIO +1.4% ), BHP ( BHP +0.8% ) and Fortescue Metals ( OTCQX:FSUMF ) say their Australian operations suffered some impact after two cyclones hit the country over the weekend, as clean up from the storms begins. More news on: Rio Tinto Group, BHP Group, Fortescue Met...