FSUMF News and Press, Fortescue Metals Group Ltd. From 02/07/22

BHP & RIO have both now entered the Green Iron Ore space via hydrogen and other renewable energy sources, meaning FSUGY is no longer a lone player in the space. Competition in the space validates Andrew Forrest's vision, and will have further flow-on effects to help achieve decarb...

Chinese steel and iron ore futures jump to five-month highs after the week-long Lunar New Year break, and state planners said over the weekend that authorities should bring forward infrastructure investment. The government said aims to "significantly increase" mines' iron ore production and i...

Acquisition by FMG (Fortescue Metals Group) of Williams Advanced Engineering to aid electrification of mining fleet. Plans to decarbonize FMG mining & transport operations. Major spend by Fortescue Future Industries (FFI, 100% owned by FMG) in hydrogen technology. FFI sets...

Dividend dog 10%+ Yield December data are all sourced from YCharts. Unsustainable-dividends above 22% were discarded; others were deleted for infrequent-dividends. Not all have paid consistent annual-dividends. Analyst top-ten target net-gain estimates from these 88 bargain-basement d...

Iron ore prices plunged during the second half of 2021, which was a positive year for commodity prices. We delved into the top 5 iron ore producing companies in 2020 to spot the best risk-reward deal Mr. Market is offering at the moment. To do this, we used a 14 metrics approach: ...

Fortescue Metals (OTCQX:FSUMF) says CEO Elizabeth Gaines will transition from the CEO role, as the company moves from a pure play iron ore producer into a diversified renewables and resources group. Gaines has been Fortescue's CEO since 2018 and has been a member of its board since 2013. Fort...

Rio Tinto (RIO +3.7%), BHP (BHP +3.9%) and Vale (VALE +2.2%) all enjoy strong gains as iron ore prices surge to the highest level in more than five weeks after data showed China's iron ore imports jumped 14.6% in November from October to a 16-month high. China imported 104.96M metric ton...

Prices are plunging for copper and other industrial metals on worries over fears that a new and potentially highly contagious coronavirus variant from South Africa could derail global economic growth. December Comex copper (HG1:COM) -3.2% to $4.315/lb., while aluminum (LMAHDS03:COM) and zinc ...

Dividend dog 10%+ Yield November data are all sourced from YCharts. Many were discarded for unsustainable-dividends above 25%; others were deleted for infrequent-dividends. Not all have paid consistent annual-dividends. Analyst top-ten target net-gain estimates from these 83 bargain-b...

China's iron ore futures surged overnight, sending global mining shares higher, as steelmakers look to resume production following government orders for strong controls in the past few months. Iron ore traders say the market is trading on expectation of rising steel production in December, ac...