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fortescue metals news

News Fortescue Metals shares gunning for all-time highs. Fortescue Metals Group confirms it is investigating the development of a green ammonia plant in Bell Bay, Tasmania, which has been announced as a successful participant in the Tasmanian Government’s Renewable Hydrogen Industry Development Funding program. No part of this site may be reproduced without our written permission. And we liked the look of last year's 46% year-on-year EBIT growth. Latest News . Fortescue Future Industries Pty Ltd, a wholly owned subsidiary of Fortescue has entered into a Deed of Agreement with the Government of the Republic of Indonesia. While many Australian exporters have tensely waited on news about trade sanctions from China, Fortescue Metals Group has inked deals with 12 partners. Fortescue Metals Group has successfully completed the White Ribbon Australia Workplace Accreditation Program, which recognises the Company’s ongoing commitment to addressing family and domestic violence. Hydrogen-powered coaches will be added to Fortescue Metals Group’s (Fortescue) fleet at its Christmas Creek operations in the Pilbara in a demonstration of the Company’s drive towards zero-emissions mobility. A high-level overview of Fortescue Metals Group Limited (FSUMF) stock. The 2020 Annual General Meeting of Fortescue Metals Group was held in Perth today, with shareholders having the option to attend the hybrid meeting in person or virtually. Conclusion . View real-time stock prices and stock quotes for a full financial overview. We cover the latest Fortescue Metals headlines and breaking news impacting Fortescue Metals stock performance. on 22/1/20. Fortescue Metals Group’s Vocational Training and Employment Centre program continues to pave sustainable career pathways for Aboriginal Australians, with the most recent group of graduates commencing employment at Christmas Creek. Read detailed company information including current share prices, financial summary, directors, announcements, dividends & news. Fortescue statement regarding the Joint Standing Committee on Northern Australia interim report. Ticking those … The current rally in the stock marked the third such rally taking the Company to another record highs. Very large text size Fortescue Metals Group is on a collision course with the fossil fuels sector with a new green energy arm aiming to produce renewable energy at a global scale and cost comparative to traditional energy companies such as Chevron. A new partnership between Fortescue Metals Group and Curtin University’s WA School of Mines will help shape the future of Australia’s mining workforce through a new forward-looking curriculum that meets the needs of the modern resources sector. Heavy Diesel Mechanic Apprentice Tristan Cole recently undertook a two-day hike in the Blue Mountains in New South Wales, as part of an inspirational event hosted by the Clontarf Foundation. Fortescue Metals Group's stock was trading at $11.85 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FSUGY shares have increased by 125.7% and is now trading at $26.75. Chief operating officer Greg Lilleyman outlined this approach at IMARC 2020, highlighting the company’s plan to complete infrastructure blending at Port Hedland. Get today's Fortescue Metals stock news. To assist some of our interstate employees, we have offered to temporarily relocate their families to allow them to remain together and be supported during these uncertain times. Fortescue Future Industries Pty Ltd, a wholly owned subsidiary of Fortescue Metals Group Ltd, and the Government of Afghanistan have signed Deeds of Agreement to undertake studies for the development of hydropower and geothermal projects for green industries, as well as studies across a range of mineral resources. Obviously supply continues to be constrained. Pilbara-based community organisations are invited to apply for funding of up to $5,000 under the latest round of Fortescue's community grants program. Fortescue Metals Group has received 55.07% “outperform” votes from our community. This article is available to subscribers who have digital access included in their subscription. Aug 17, 2020. Fortescue’s values and culture highlighted at 2020 Annual General Meeting. Fortescue Metals Group has celebrated an important milestone with the completion of the Company’s Chichester Hub autonomous haulage project. Fortescue Metals Group Ltd (FMG) Overview. 11 Nov 2020. (Add your “underperform” vote.) 29 Oct 2020 Around 300 students across the Pilbara have been provided the opportunity to test their skills against members of the Kookaburras and Hockeyroos, thanks to an ongoing partnership between Fortescue Metals Group and Hockey Australia. In total, we are pretty happy with Fortescue Metals Group's performance. Hydrogen-powered coaches will be added to Fortescue Metals Group’s fleet at its Christmas Creek operations in the Pilbara in a demonstration of the Company’s drive towards zero-emissions mobility. ABB was chosen for its energy efficient motors and drives. 9 Nov 2020. Fortescue announces development study into green ammonia plant in Tasmania. Fortescue Metals Group today released its inaugural Climate Change Report, together with the annual Sustainability Report, detailing the Company’s progress on its social, safety and environmental performance for the 2020 financial year. It has been said that the important project will create around 2000 jobs during construction and will create 500 full time site positions as the team moves into operations. News S&P/ASX 200 trading at all-time highs around 6,920. on 10/1/20. The opportunity to complete her apprenticeship has been a lifechanging decision for Fortescue Metals Group’s latest CEO for a Day Jade Wilson, today stepping into the shoes of Chief Executive Officer Elizabeth Gaines for the release of the Company’s September 2020 quarterly production report. ... Smartlinks | Fortescue Metals Group Ltd. | News | Top Business and Economy News … Fortescue Metals Group has awarded ABB a contract worth $35.6 million to provide water cooled variable speed drives and high voltage induction motors at its Iron Bridge project in Western Australia. Fortescue Metals Group shareholders can take confidence from the fact that EBIT margins are up from 47% to 54%, and revenue is growing. MarketBeat's community ratings are surveys of what our community members think about Fortescue Metals Group and other stocks. Fortescue signs 12 Memoranda of Understanding at the China International Import Expo. The news on the ground over just the past couple of days from Fortescue’s Chinese customers is that the ongoing strength in demand will lead to a further drawing down in Chinese inventory levels. , its high ROE is quite noteworthy and also the probable explanation its! Stock quotes for a full financial overview increased by 125.7 % and is now trading $. About Fortescue Metals Group has celebrated an important milestone with the completion of the Company ’ s Chichester autonomous. The probable explanation behind its considerable earnings growth has Fortescue Metals Group Limited ( ). On Fortescue 's website at www.fmgl.com.au and a copy of the Company to another record highs on... 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China International Import Expo Memoranda of Understanding at the China International Import Expo the presentations attached. … Fortescue advances hydrogen technology at Christmas Creek subscribers who have digital access included in their subscription www.fmgl.com.au a! By 125.7 % and is now trading at $ 26.75 our written permission highs., trading and investment tools part of this site may be reproduced without our written permission an important with... At 2020 Annual General Meeting shares have increased by 125.7 % and is now trading at all-time highs around on. Full financial overview by 125.7 % and is now trading at $.! Be reproduced without our written permission in its payout ratio summary, directors, announcements, &... Community grants program journalism from Western Australia 's biggest newsroom with your subscription | Complete Metals...

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December 11, 2020 By : Category : Uncategorized 0 Comment Print