FSUMF News and Press, Fortescue Metals Group Ltd. From 05/20/21

Iron ore prices have plunged this week following China's measures aimed at cooling hot industrial commodities, but analysts suspect China's efforts will have only temporary success unless authorities take steps to curb consumption, which could cut economic growth, Reuters reports.Most-active ...

There's no sector with a clear breaking-up as the Materials sector these days. Commodity prices are soaring no matter when, or where, or who. Energy, agriculture, metals, construction, chemicals - you name it. If you don't feel the rising costs in your pocket as of yet, it's only a ma...

These dividend dog prices are all sourced from YCharts. Six or more were discarded for unsustainable dividends above 25%. Analyst top-ten target net-gain estimates for these bargain basement dogs 4/12/21 ranged 14.65%-51.2% from SEIGF, FLTDF, EVRZF, OKENF, HMLP, KNOP, OMF, DHT, SCU, a...

It has been one year since the markets bottomed in March of 2020 due to COVID. Markets have rebounded beyond most investors’ expectations, with growth and tech stealing much of the spotlight. The “rotation into value” narrative has recently gained some tractio...

The iron ore mining companies have made hay as the Chinese recovery and stimulus forces the price up. It's also true that Brazilian production was well down, further boosting the price. At least one forecast says that these factors will reverse this year and so significantly impac...

China's attempts to drastically lower pollution levels could weaken demand for iron ore - but it hasn't happened yet.Environmental curbs on the output of steel mills in top Chinese steelmaking city Tangshan could lead to a decline of as much as 2.3% in China's crude steel production and ease ...

Miners including Rio Tinto ([[RIO]] -2.8%), BHP ([[BHP]] -2.3%) and Vale ([[VALE]] -2.7%) start the week with sharp losses, weighed by a further drop in iron ore prices after top Chinese steelmaking city Tangshan pledged to cut emissions by 50% and punish those who fail to implement productio...

An Aboriginal group says it plans a scorecard to rate miners including Rio Tinto ([[RIO]] -2.8%) and Fortescue Metals (FSUMF) in Western Australia on how well they comply with various ESG metrics.The Wintawari Guruma Aboriginal Corp., which represents the Eastern Guruma region in the Pilbara,...

Fortescue Metals (FSUMF) has apologized to an Aboriginal group for clearing land on a heritage site while failing to meet a government condition for representatives of the community to be present when the damage took place.The company had state government permission to clear the land in the W...

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...