Fortescue Metals Group (FMG) is to acquire a 15 per cent stake in Atlas Iron, in a blow to Mineral Resources' $280 million takeover bid for the company.
Read More
Bad weather impacts Fortescue iron ore shipments
Fortescue Metals Group's iron ore shipments have fallen in the March quarter as a cyclone and bad weather impacted its operations in the Pilbara.
Read More
Read More
FMG refinances $US2.16bn of debt
Fortescue Metals Group (FMG) has today announced refinancing of $US500 million ($644.6 million) of $US2.16 billion ($2.78 billion) in pro forma senior unsecured notes.
Read More
Read More
FMG achieves $2bn milestone with Aboriginal business program
Fortescue Metals Group (FMG) has announced that its Billion Opportunities programme, commenced in 2011 to promote sustainable business for Aboriginal communities, has just passed $2 billion in funding.
Read More
Read More
Fortescue christens new iron ore carrier
Fortescue Metals Group has christened its new ore carrier 'FMG Matilda' at a celebratory event in Guangzhou, China.
Read More
Read More
Fortescue appealing against federal court ruling for native title rights
Fortescue Metals Group will appeal a July court ruling giving the Yindjibarndi Aboriginal Corporation (YAC) native title rights over a region of Pilbara land that throws into question Fortescue's tenure over its Solomon Hub iron operations.
Read More
Read More
FMG to benefit from new WA power station
The South Hedland power station in Western Australia, which will provide energy to Horizon Power and Fortescue Metals Group (FMG), has been commissioned.
Read More
Read More
Fortescue signs lifting and rigging contract with Aboriginal supplier
Fortescue Metals Group has awarded Aboriginal-owned business Redspear Safety a three-year contract to supply lifting and rigging equipment across all of its sites.
Read More
Read More
Moody’s lifts Fortescue rating on back of iron ore strength
Moody’s Investor Service has upgraded Fortescue’s (FMG) credit ratings amid the higher iron ore price.
Read More
Read More
BC Iron sells interest in Nullagine to Fortescue
BC Iron (BCI) is selling its 75 per cent stake in the mothballed Nullagine joint venture (NJV) to Fortescue.
Read More
Read More
FMG’s ratings upgraded
Following its positive end of year results Moody’s has upgraded FMG’s credit rating.
Read More
Read More
FMG reports profit as it continues to drive down debt
Fortescue has reported US$985 million in profit in its latest end of year results, a 212 per cent increase year on year.
Read More
Read More
FMG releases its latest mineral reserves figures
Fortescue Metals Group has released the latest figures on its current ore reserves and mineral resources.
Read More
Read More
Indigenous woman becomes Fortescue’s CEO for a day
Careen Lee was selected as Fortescue’s CEO for a day, experiencing how the business operates from the highest level.
Read More
Read More
FMG focusing on driving down debts, the perfect blend, at Diggers
Fortescue Metals has highlighted how its debt strategy is starting to pay dividends for the miner at Diggers & Dealers.
Read More
Read More
FMG ratings outlook upgraded
Moody’s has upgraded Fortescue’s outlook to stable, affirming its rating at Ba3.
Read More
Read More
FMG pays down US$500m in debt
Fortescue Metals Group has continued its focus on reducing debt, paying off US$500 million from its 2019 term loan.
Read More
Read More
FMG CFO Stephen Pearce appointed to board
Fortescue’s chief financial officer Stephen Pearce has been appointed to the company’s board as an executive director.
Read More
Read More
Fortescue wins tender for second Port Hedland towage licence
Fortescue’s subsidiary Pilbara Marine has won the tender for the second towage licence at Port Hedland.
Read More
Read More
FMG celebrate eight years of shipments
Fortescue has celebrated its ‘lucky eight’ year anniversary of its first shipment to Chinese customers.
Read More
Read More