Fortescue Metals Group Ltd ( (AU:FMG) ) just unveiled an update.
Fortescue Metals Group Ltd reported record iron ore shipments for the nine months ending March 2025, with a total of 143.2 million tonnes shipped, despite challenges such as significant weather events. The company also completed the acquisition of Red Hawk Mining Limited, enhancing its future mine plans, and continued to advance its green energy projects, including the construction of a solar farm and the development of innovative technologies for the Formula E World Championship.
More about Fortescue Metals Group Ltd
Fortescue Metals Group Ltd is a leading player in the mining industry, primarily focusing on iron ore production and shipment. The company is known for its operations in the Pilbara region of Western Australia and is expanding its green energy initiatives.
YTD Price Performance: -11.78%
Average Trading Volume: 7,953
Technical Sentiment Signal: Buy
Current Market Cap: $30.48B
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