Australian iron ore miner Fortescue considers issuing 3 billion yuan in panda bonds to diversify funding amid export disputes with China’s state-backed buyer. The move addresses supply chain pressures
China's state buyer CMRG ordered domestic steel mills to halt deliveries of specific Fortescue iron ore products amid ongoing supply negotiations. This move escalates Beijing's campaign to centralize
Australian iron ore giant Fortescue was ordered to pay over $108 million to the Yindjibarndi Aboriginal group for operating mining projects without consent and damaging cultural heritage sites. The Fe
Fortescue invested $680 million in green energy infrastructure while maintaining its 2026 iron ore shipment forecast, though unit costs rose due to weather disruptions and oil price sensitivity.
Fortescue Co-CEO Dino Otranto emphasized resilience and decarbonization at the forum, partnering with firms like BYD and Longi. Securing full control of Peru's Cañariaco copper mine and advancing the
Fortescue founder Andrew Forrest emphasized energy sovereignty at the China Development Forum, announcing plans to convert over 1 billion liters of diesel to green energy and achieve zero-emission min
ChemBrief