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Fortescue


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Australian shares hit record high as Fed cuts rate; local jobs data in focus

Australian shares hit record high as Fed cuts rate; local jobs data in focus Sept 19 (Reuters) - Australian shares inched higher to a fresh record high on Thursday with miners leading gains as investors cheered on the Federal Reserve's 50 basis-point interest rate reduction, while also monitoring the local jobs data due later in the day. The S&P/ASX 200 index .AXJO inched higher by 0.3% to 8,168.7 points at 1236 GMT, beating its previous record high of 8,153.50 points from Wednesday.
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Australian shares climb to record high ahead of Fed verdict

Australian shares climb to record high ahead of Fed verdict Sept 18 (Reuters) - Australian shares climbed to a record high on Wednesday, buoyed by financials and commodity stocks ahead of a policy meeting where the U.S. Federal Reserve is expected to cut its interest rates for the first time in more than four years. The S&P/ASX 200 index .AXJO was up 0.1% at 8,151.4 points, as of 1245 GMT, surpassing the previous all-time high of 8150.5 points climbed on Tuesday.
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Metals-rich Kazakhstan seeks niche in battery supply chain

CORRECTED-Metals-rich Kazakhstan seeks niche in battery supply chain In Sept 13 story, corrects minister's surname throughout to Sharlapaev from Sharlapayev Industry minister says country is reliable supplier Aims to capture 10% of market for manganese sulphate Also looking at processing lithium iron phosphate Country is in Russia-led blocs, but neutral on Ukraine war By Olzhas Auyezov and Eric Onstad ALMATY, Sept 13 (Reuters) - Kazakhstan aims to boost output of metals needed for electric vehic
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Australian miners eye best week in over a year on upbeat metals prices

BUZZ-Australian miners eye best week in over a year on upbeat metals prices ** Australian mining stocks .AXMM up as much as 2.1% to their highest level since Sept. 3 ** For the week, the sub-index is up 4.5%, on track for its best week since July 14, 2023 ** Sub-index on track for third straight session of gains, if current trend holds ** Iron ore
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Australian shares climb as energy stocks, banks shine

Australian shares climb as energy stocks, banks shine Sept 12 (Reuters) - Australian shares traded higher on Thursday, as financials and energy stocks led the gains, while investors digested the latest U.S. inflation print and assessed its impact on the global interest rates outlook. The S&P/ASX 200 index .AXJO was up 0.6% at 8,035.1 points, as of 1236 GMT.
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Australian shares flat as miners counter losses in banks

Australian shares flat as miners counter losses in banks Sept 11 (Reuters) - Australian shares struggled for momentum on Wednesday as gains in miners countered losses in financial and energy stocks, while investors globally awaited U.S. inflation data for hints on the depth of a rate cut expected from the Federal Reserve next week. The S&P/ASX 200 index .AXJO was flat at 8,017.9 as of 1237 GMT.
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Australia shares slide 2% as GDP data dampens early rate cut hopes

Australia shares slide 2% as GDP data dampens early rate cut hopes Economy stuck in slow lane in June quarter Commodity stocks top drag Fortescue sinks 8.4% Updates to close By Rishav Chatterjee Sept 4 (Reuters) - Australian shares plunged nearly 2% on Wednesday after data showed the country's economic growth remained subdued last quarter amid still-high inflation, dampening hopes of an early interest rate cut by the central bank.
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Australia's Fortescue hits 22-month low in ex-dividend trade

BUZZ-Australia's Fortescue hits 22-month low in ex-dividend trade ** Shares of Fortescue FMG.AX slide as much as 9.2% to A$16.07, their lowest level since Nov 4, 2022 ** Shares post their biggest intraday pct loss since July 30 ** FMG, world's fourth-largest iron ore miner, trades ex-dividend ** Ex-dividend date is a cut-off date by which investors
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Australian miners hit near 2-year low on weak metals prices

BUZZ-Australian miners hit near 2-year low on weak metals prices ** Australian mining stocks .AXMM fall as much as 2.6% to their lowest level since Oct.31, 2022 ** Sub-index down for a third straight session ** Dalian iron ore futures and copper prices dropped on Tuesday over fears of weakening demand from top consumer China IRONORE/ MET/L ** Sector majors BHP Group BHP.AX and Rio Tinto RIO.AX fall as much as 2.1% each ** Fortescue FMG.AX down as much as 9% to A$16.10, lowest level since Nov.
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Australia shares end slightly lower; iron ore and lithium miners slump

Australia shares end slightly lower; iron ore and lithium miners slump Mineral Resources emerges top loser Wesfarmers falls 1.4% CBA touches record high Updates to close By Rishav Chatterjee Sept 3 (Reuters) - Australian shares ended marginally lower in subdued trading on Tuesday, dragged down by consumer and mining stocks, while local investors waited for crucial growth data.
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Australian shares slip as miners drag; investors assess inflation data

Australian shares slip as miners drag; investors assess inflation data Aug 29 (Reuters) - Australian shares slipped lower on Thursday, dragged by losses in miners, after investors reeled back from interest rate cut hopes as local inflation data remained above forecasts for July. The S&P/ASX 200 index .AXJO fell 0.5% to 8,034.7, as of 0048 GMT. The benchmark ended flat on Wednesday.
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Australia's Hyterra hits 6-1/2-year high after Fortescue buys stake

BUZZ-Australia's Hyterra hits 6-1/2-year high after Fortescue buys stake ** Shares of Hyterra HYT.AX rise as much as 71% to A$0.053, their highest level since Feb. 28, 2018 ** Natural resources explorer says miner Fortescue FMG.AX will acquire a strategic 39.8% interest in co ** Says acquisition of stake for A$21.9 mln ($14.88 mln) ** Says funds fr
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Aussie shares end flat as banks offset losses in commodities; July inflation slows to 4-mth low

Aussie shares end flat as banks offset losses in commodities; July inflation slows to 4-mth low Miners lose 1.1% Financials rise 0.8% Local inflation slowed to a four-month low in July Updates to close By Rajasik Mukherjee Aug 28 (Reuters) - Australian shares ended flat on Wednesday as gains in banking stocks were offset by losses in commodities, while domestic inflation slowed to a four-month low in July.
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Fortescue sets out to meet strong Chinese demand for green iron

UPDATE 2-Fortescue sets out to meet strong Chinese demand for green iron Adds detail in first paragraph and paragraphs 6-11 By Melanie Burton MELBOURNE, Aug 28 (Reuters) - Australia is positioned to meet strong demand from China for green iron, Fortescue FMG.AX said on Wednesday as it readies a pilot plant to begin production of the product using renewable energy next year.
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Australian shares slip as miners drag; inflation data in focus

Australian shares slip as miners drag; inflation data in focus Aug 28 (Reuters) - Australian stocks edged down in early trade on Wednesday, dragged by losses in shares of miners, as investor sentiment remained muted ahead of key local inflation data amid a slew of corporate earnings. The S&P/ASX 200 index .AXJO fell 0.4% to 8,038.4, as of 0042 GMT.
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Fortescue Elects Lead Independent Director

BRIEF-Fortescue Elects Lead Independent Director Aug 28 (Reuters) - Fortescue Ltd FMG.AX : BOARD HAS ELECTED NON-EXECUTIVE DIRECTOR LARRY MARSHALL AS LEAD INDEPENDENT DIRECTOR Further company coverage: FMG.AX
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Australia's Fortescue rises to 4-week high on dividend beat

BUZZ-Australia's Fortescue rises to 4-week high on dividend beat ** Shares of Fortescue FMG.AX , the world's fourth-largest iron ore miner, rise as much as 1.72% to A$18.95, their highest since Aug 1 ** Co declares larger-than-expected final dividend of A$0.89 and posts 3% rise in FY24 underlying earnings ** Says hematite average realized prices ro
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Australia's Fortescue beats dividend payout view, shares rise

UPDATE 2-Australia's Fortescue beats dividend payout view, shares rise Annual profit rises 3% to $5.66 bln Final dividend A$0.89, above consensus view Shares touch 4-week high of A$18.95 Adds analyst comments in paragraph5, adds further details on results in paragraphs 4-7 By Roushni Nair and Melanie Burton Aug 28 (Reuters) - Australia's Fortescue FMG.AX reported a rise in annual profit on Wednesday, boosted by higher iron ore shipments from its Iron Bridge project, and announced a larger-than-e
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Australia's Fortescue posts 3% rise in annual profit on Iron Bridge boost

Australia's Fortescue posts 3% rise in annual profit on Iron Bridge boost Aug 28 (Reuters) - Australia's Fortescue FMG.AX posted a 3% rise in its annual profit on Wednesday, as it shipped out higher volumes of iron ore following the start-up of its Iron Bridge magnetite project . The world's fourth-largest iron ore miner said underlying net profit after tax was $5.66 billion for the year ended June 30, compared with $5.52 billion reported a year ago.
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China steel woes will recast miners' M&A desires

RPT-BREAKINGVIEWS-China steel woes will recast miners' M&A desires The author is a Reuters Breakingviews columnist. The opinions expressed are his own. Refiles to add hyperlink. By Antony Currie MELBOURNE, Aug 27 (Reuters Breakingviews) - Mike Henry sure likes to downplay his acquisitive tendencies. While unveiling results for the year to the end of June on Tuesday, the BHP BHP.AX boss declared that his $47 billion tilt for Anglo American AAL.L earlier this year "wasn't Plan A for us".
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Penafian: Entiti XM Group menyediakan perkhidmatan pelaksanaan sahaja dan akses ke Kemudahan Dagangan Atas Talian, yang membolehkan sesorang melihat dan/atau menggunakan kandungan yang ada di dalam atau melalui laman web, tidak bertujuan untuk mengubah atau memperluas, juga tidak mengubah atau mengembangkannya. Akses dan penggunaan tersebut tertakluk kepada: (i) Terma dan Syarat; (ii) Amaran Risiko; dan Penafian Penuh. Oleh itu, kandungan sedemikian disediakan tidak lebih dari sekadar maklumat umum. Terutamanya, perlu diketahui bahawa kandungan Kemudahan Dagangan Atas Talian bukan permintaan, atau tawaran untuk melakukan transaksi dalam pasaran kewangan. Berdagang dalam mana-mana pasaran kewangan melibatkan tahap risiko yang besar terhadap modal anda.

Semua bahan yang diterbitkan di Kemudahan Dagangan Atas Talian kami bertujuan hanya untuk tujuan pendidikan/maklumat dan tidak mengandungi – dan tidak boleh dianggap mengandungi nasihat kewangan, cukai pelaburan atau dagangan dan cadangan, atau rekod harga dagangan kami, atau tawaran, atau permintaan untuk suatu transaksi dalam sebarang instrumen kewangan atau promosi kewangan yang tidak diminta kepada anda.

Sebarang kandungan pihak ketiga serta kandungan yang disediakan oleh XM, seperti pendapat, berita, penyelidikan, analisis, harga, maklumat lain atau pautan ke laman web pihak ketiga yang terdapat dalam laman web ini disediakan berdasarkan "seadanya" sebagai ulasan pasaran umum dan bukanlah nasihat pelaburan. Sesuai dengan apa-apa kandungan yang ditafsir sebagai penyelidikan pelaburan, anda mestilah ambil perhatian dan menerima bahawa kandungan tersebut tidak bertujuan dan tidak sediakan berdasarkan keperluan undang-undang yang direka untuk mempromosikan penyelidikan pelaburan bebas dan oleh itu, ia dianggap sebagai komunikasi pemasaran di bawah peraturan dan undang-undang yang berkaitan. SIla pastikan bahawa anda telah membaca dan memahami Notifikasi mengenai Penyelidikan Pelaburan Bukan Bebas dan Amaran Risiko mengenai maklumat di atas yang boleh diakses di sini.

Amaran Risiko: Modal anda dalam risiko. Produk yang berleveraj mungkin tidak sesuai untuk semua individu. Sila pertimbangkan Pendedahan Risiko kami.