Fortescue Metals Group Limited

Fortescue Ltd. engages in the development of iron ore deposits. It operates through the Metals and Energy segments. The Metals segment includes exploration, development, production, processing, sale, and transportation of iron ore, and the exploration for other minerals. The Energy segment is involved in the development of green electricity, green hydrogen, and green ammonia projects. The company was founded by John Andrew Henry Forrest in April 2003 and is headquartered in East Perth, Australia.

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Iron ore prices are currently at one-year highs as iron ore imports surged in China in June to the highest in 33 months while concerns of supply disruption is rife.

Iron Ore Prices Peak on Rising China Imports & Demand Worries

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Iron-ore prices are riding high on increased demand from China and fears of supply disruption as coronavirus cases spike in Brazil.

Iron-Ore Prices Surge on Impending Demand-Supply Imbalance

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Three of the world’s biggest mining companies, BHP, Rio Tinto and Fortescue Metals Group, are approaching a tipping point which could see sharp share-price corrections as an era of rising profits and generous dividends comes to an end.

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China's steel consumption will increase 2% year over year in 2020, fueling demand for iron.

Resilient Chinese Steel Industry Holds Promise for Iron Ore

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Iron ore prices witness a sudden volatility on reports that the Chinese government is likely to act upon complaints from Chinese steel mills regarding soaring iron prices.

China's Price Probe Drags Iron Ore Down From 5-Year High

Is  (FSUGY) Outperforming Other Basic Materials Stocks This Year?

Is Fortescue Metals Group (FSUGY) Stock Outpacing Its Basic Materials Peers This Year?

Amid concerns about the state of the Chinese economy, Australian mining company Fortescue says it is seeing robust steel production coming from the country.

Fortescue's CEO is seeing 'strong growth' in China's steel production

Has Fortescue Metals Group (FSUGY) Outpaced Other Basic Materials Stocks This Year?

Is Fortescue Metals Group (FSUGY) Outperforming Other Basic Materials Stocks This Year?

Does Fortescue Metals Group (FSUGY) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Momentum Investors Will Love Fortescue Metals Group (FSUGY)

Let's see if Fortescue Metals Group Limited (FSUGY) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

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