FSUMF News and Press, Fortescue Metals Group Ltd. From 02/22/21

Fortescue Metals Group is beautifully positioned to benefit from the resurgence in China and thus the iron ore price. There's more of this to come in the next half year and beyond, not all of it already baked into the price. The longer term though, well, that rather depends upon o...

Iron ore futures surged overnight after Vale (VALE) released production figures that missed expectations, as the Brazilian miner struggled to cope with operational constraints from the pandemic and the 2019 deadly Brumadinho tailings dam collapse.Iron ore (SCO:COM) on China's Dalian Commodity...

Posco ([[PKX]] -0.7%) and Fortescue Metals ([[FSUMF]] +1.6%) say they will collaborate on green hydrogen in a partnership that could see the South Korean steelmaker importing both iron ore and renewable hydrogen from the Australian firm.Posco says it plans to increase its iron ore purchases f...

Year to date, WTGDXG has outperformed its benchmark-the MSCI ACWI ex-US Index - by more than 800 basis points (bps), thanks to its quality dividend growth tilt. Fundamentals after our rebalance show a significant increase in quality metrics. ROA improves from 8.77% to 10.31%, and ROE ...

Benchmark iron ore futures in China soared more than 7% to 976 yuan ($149.10) per metric ton before closing +6.8% at 971 yuan, sparked by expectations that a recovering economy will lead to strong demand.Futures have surged ~70% this year as China's stimulus-led rebound fuels steel production...

It may seem implausible, but I have long considered it will be the miners and oil majors that will lead the way to a world of environmentally-friendly sustainable energy. Operating in remote locations, without access to nearby base load power and fuel infrastructure, creates fertile g...

China claims coal imported from Australia failed to meet local environmental standards, responding to reports of shipments of Australian coal that are stalled in Chinese ports as relations deteriorate between the two countries.China has unofficially banned Australian imports ranging from coal...

Workers at the Candelaria copper mine in Chile are leaning toward rejecting Lundin Mining's (LUNMF) latest wage offer, signaling that a strike will extend into a second month, a union leader tells Bloomberg.Lundin management presented a new proposal to the AOS union yesterday that included a ...

Fortescue Metals (FSUMF) outlines ambitious plans to build a renewable energy business that would compete with oil giants to provide low-cost green energy globally.Delivering his chairman's address at the company's annual general meeting, Andrew Forrest said the world's fourth largest iron or...

Singapore iron ore futures ( SCO:COM ) fall as much as 2.5% to $116.65/ton, capping 6%-plus losses over the past three days, with signals mounting that the tightness in the seaborne market that pushed prices to multiyear highs is easing . More news on: Iron Ore Futures, BHP Group, Rio T...