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Fortescue posts 40% profit drop on weak iron ore prices, China slowdown

By Praveen Menon and Sameer Manekar (Reuters) -Australian miner Fortescue Metals Group Ltd said on Monday its annual profit fell 40% despite record

Western australiaSameer manekarJacqueline wongElizabeth gainesAndrew forrestPraveen menonHarshita swaminathanSandra malerFortescue metals group ltdRio tinto

Fortescue maintains its commitment to sustainability, decarbonisation and green energy transition

Fortescue maintains its commitment to sustainability, decarbonisation and green energy transition
miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.

Western australiaElizabeth gainesFortescue future industriesRoyal flying doctor service of western australiaFirst movers coalitionClimate changeChief executive officerFuture industriesWilliams advanced engineeringSenior notesGreen useProceeds notesBillion opportunitiesSolar gas hybridInfinity trainClimate pledge

Fortescue share price backtracks as final dividend is slashed by 43%

The Fortescue Metals Group Limited (ASX: FMG) share price is losing ground on Monday following the company's full-year results release.

Elizabeth gainesFortescue future industriesFortescue metals group limitedFuture industries

Fortescue Annual Profit Falls 40% on Lower Prices, Higher Costs — Update

Fortescue Annual Profit Falls 40% on Lower Prices, Higher Costs — Update
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

Elizabeth gainesRhiannon hoyleFortescue metals group ltdDow jones company incMetals groupChief executive elizabethDow jones

ASX 200 live: ASX sinks; tech sector dives 4 4pc

BWX ‘unsure’ if it will meet FY22 guidance; retail sales smash estimates; Treasury 2-year yield hits highest since 2007. Follow the latest here.

United statesAustralian capital territoryDavid roweJerome powellElizabeth gainesChris ashtonCecile lefortAlex gluyasAndrew mitchellTom richardsonAndrew forrestTom kennyFortescue metals groupOz minerals cut toRamsay health raised to buy at citiOphir opportunities fund

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