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Fortescue Metals

Fortescue Metals Group's iron ore machine is humming

The Australian Financial Review - ‎Jul 11, 2016‎
Andrew Forrest has seen the value of his stake in Fortescue double to $4.2 billion since the start of the year. Philip Gostelow.
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Why the Fortescue Metals share price has tripled since January

Motley Fool Australia - ‎Jul 12, 2016‎
The Fortescue Metals Group Limited (ASX: FMG) share price has tripled since early January, rising from a low of around $1.44 to trade at around $4.39 currently.
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Fortescue Metals hauls in 169.4 million tonnes of iron ore

Herald Sun - ‎Jul 14, 2016‎
The record haul from Fortescue will have Rio Tinto and BHP Billiton executives shaking their head given their smaller rival spent much of last year accusing them of harming the nation by producing too much iron ore and suggesting they cap production.

Fortescue's Nev Power to sell off lithium interests

The Australian - ‎Jul 20, 2016‎
But it is not one that Fortescue wants to hop on to by spending the money to test the potential of its Pilbara iron ore leases to also host lithium-bearing pegmatites, a hard rock source of the metal. “Fortescue's primary focus is on delivering value ...

FMG firming in Australia's richest race

The Australian Financial Review - ‎Jul 22, 2016‎
The race to the bottom of the iron ore cost curve will pass an important milestone this week, when Fortescue Metals Group reports on its ambitious goal to be putting ore on a ship for less than $US14 per tonne.

FORTESCUE METALS G ADR EA REPR 2 (FSUGY) Upgraded at Zacks Investment Research

BBNS - ‎Jul 21, 2016‎
FORTESCUE METALS G ADR EA REPR 2 logo FORTESCUE METALS G ADR EA REPR 2 (NASDAQ:FSUGY) was upgraded by Zacks Investment Research from a “sell” rating to a “buy” rating in a research note issued on Thursday.
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ASX closes at fresh 11-month high

The West Australian - ‎4 hours ago‎
In the resources sector, global miner BHP Billiton dipped six cents to $19.24 , Rio Tinto fell 21 cents to $48.14, and Fortescue Metals was steady at $4.05, due to weaker iron ore, copper and oil prices. The broader All Ordinaries index was up 33.2 ...

BHP Billiton, Rio Tinto and Fortescue are in no rush to change iron ore balance

The Australian Financial Review - ‎Jul 17, 2016‎
It's highly likely that Fortescue Metals Group will be the only one of the Big Three iron ore players to beat its production target this week when BHP Billiton, Rio Tinto and the Third Force present their numbers for the June quarter.
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The week in finance: Inflation figures and central bank decisions dominate

ABC Online - ‎Jul 23, 2016‎
Fortescue Metals Group is the last of the big Pilbara miners to trot out quarterly production figures which should be pretty solid.

FMG beats guidance

MiningNews.net (subscription) - ‎Jul 13, 2016‎
FMG previously said shipments were ahead of target due to unseasonal mild weather experienced in the March quarter. It comes after the company shipped 165.4Mt for the 2015 financial year.

Rate cut expectation, Woolies lift market

The West Australian - ‎4 hours ago‎
In the resources sector, global miner BHP Billiton dipped six cents to $19.24 , Rio Tinto fell 21 cents to $48.14, and Fortescue Metals was steady at $4.05, due to weaker iron ore, copper and oil prices. KEY FACTS: At 1625 AEST on Monday, the benchmark ...

ASX 200 roars past 5500: 10 shares you should have been watching

Motley Fool Australia - ‎Jul 20, 2016‎
Rio Tinto Limited (ASX: RIO) and Fortescue Metals Group Limited (ASX: FMG) gained 1.1% and 1.5%. BHP Billiton Limited (ASX: BHP) shares were mostly flat.
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Big miners unearth a mixed bag

The Australian - ‎Jul 19, 2016‎
In a strife-torn world, it's heartening to see that BHP has followed Rio Tinto's lead in curtailing iron production in deference to Pilbara upstart rival Fortescue Metals. In a similar spirit of détente, we expect a round of fence mending (rather than ...

Why you might want to dump your mining shares in 2016

Motley Fool Australia - ‎Jul 19, 2016‎
Rio Tinto Limited (ASX: RIO), BHP Billiton Limited (ASX: BHP) and Fortescue Metals Group Limited (ASX: FMG) declined by 2.3%, 1.9% and 1.5% respectively.

CommSec Daily Report Monday

TheBull.com.au - ‎8 hours ago‎
A short time ago Fortescue Metals Group shares were at $4.07 for a gain of 0.6%. In company news Woolworths (WOW) announced that it will cut 500 jobs and close under-performing stores, in addition to considering options to sell online retailer EziBuy.
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Global Magnetite Iron Ore Market 2016- Atlas Iron Limited, Fortescue Metals Group Ltd, BHP Billiton, Rio Tinto.

OZ Guide - Global Market Research News by Market.biz (press release) - ‎Jul 14, 2016‎
Global Magnetite Iron Ore Market 2016 The Global Magnetite Iron Ore Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Magnetite Iron Ore industry.

Market takes breather after strong run

The West Australian - ‎Jul 22, 2016‎
BHP Billiton gained four cents to $19.30 , Rio Tinto fell 17 cents to $48.35 and Fortescue Metals dipped one cent to $4.05.

Fortescue's Nev Power says after five years as CEO efficiency is still the focus

The Australian Financial Review - ‎Jul 17, 2016‎
After steering Fortescue Metals Group through a massive operational expansion, steadying it when a heavy debt burden pushed it perilously close to the brink in 2012 and lowering its cost of production to an ambitious target its critics would have ...

Market Wrap: ASX 200 follows commodity prices lower

Motley Fool Australia - ‎Jul 19, 2016‎
BHP Billiton Limited (ASX: BHP) and Fortescue Metals Group Limited (ASX: FMG) dropped 1.9% and 1.5% as well, while South32 Ltd (ASX: S32) lost 4.6%.
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Markets Live: ASX rally runs out of puff

The Sydney Morning Herald - ‎Jul 18, 2016‎
... minerals, metals and energy. So it is that just days after Fortescue Metals flagged that it would exceed its FY16 production guidance, Rio has been able to reinforce the underlying demand narrative that drove the Third Force's thoroughly amusing ...
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