Fortescue

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Fortescue to build solar power plant for ore mining operations

The proposal includes the installation of solar panels, a substation and supporting infrastructure

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Fortescue acquires majority stake in Red Hawk

The company is interested in the Blacksmith iron ore project

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Cost is key to green hydrogen deployment – Fortescue Energy

IEEFA, in turn, recommends that European steelmakers reconsider their position on green iron imports

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Fortescue and Baowu join forces to decarbonize the steel industry

The partnership will promote the development of green technologies and supply chains for low-carbon steel products

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Fortescue increased iron ore shipments by 4% y/y in July-September

Sales volumes reached 47.7 million tons

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Fortescue shipped 191.6 million tons of ore in FY2023/2024

Production of iron ore in the specified period amounted to 216.9 million tons

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Fortescue to increase spending on energy division

The decision worried analysts who had expected the company's restructuring to reduce capital spending

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Fortescue opens electrolyzer plant in Australia

The complex was built and fully commissioned in just over two years

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President discussed reconstruction of Ukraine with founder of Fortescue Metals Group

The question of involvement in the recovery of global financial and industrial companies was also raised

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Fortescue reduced iron ore shipments by 2% y/y in the first half of FY2023/2024

In the second quarter, the company increased shipments of raw materials by 6% q/q

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Fortescue ships first iron ore from Gabon

It was the first time the company exported iron ore from a port outside Australia

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Fortescue approved investments of $750 million for three green projects

These are two hydrogen projects and a project in the field of green steel industry

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