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
bloomberg · 2026-08-26 21:42
Fortescue seeks normalized trade relations with China through ongoing negotiations with China Mineral Resources Group. Executives stress that fair market practices are vital for the iron ore and steel
reuters · 2026-08-19 18:14
Australian iron ore miner Fortescue forecasts 2027 shipments between 197 million and 207 million metric tonnes following record 2026 exports. Growth relies on production improvements at its Iron Bridg
reuters · 2026-07-30 15:58
Iron ore futures climbed past $100 per ton after China’s CMRG threatened to blacklist Fortescue inventories, escalating a supply contract dispute. While analysts note abundant stockpiles limit the imp
bloomberg · 2026-07-01 19:59
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
reuters · 2026-07-01 18:11
Fortescue faces a class action lawsuit alleging widespread sexual harassment at its Australian mining sites, following similar cases against Rio Tinto and BHP. The suit cites 45 testimonials regarding
reuters · 2026-06-24 19:37
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
bloomberg · 2026-05-12 00:37
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.
reuters · 2026-04-23 16:08
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
caixin · 2026-03-26 08:27
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
caixin · 2026-03-22 21:41