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27.08.25 - 19:48
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Forget Fortescue and buy these ASX shares (Fool)
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Let's see why the broker thinks investors should avoid the miner and buy these shares.
The post Forget Fortescue and buy these ASX shares appeared first on The Motley Fool Australia....
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26.08.25 - 08:01
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Fortescue Profit Slides on Lower Iron Ore Prices (Bloomberg)
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Fortescue's full-year profit fell 41% on lower prices for its iron ore, as Chinese demand for the steelmaking ingredient weakens amid its protracted property-sector slowdown. CEO Dino Otranto, however, says the miner is confident that China's long-term growth prospects would help maintain sales. He speaks on “Bloomberg: The China Show.”
(Source: Bloomberg)...
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18.08.25 - 04:36
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HyTerra Confirms Hydrogen and Helium in New McCoy 1 Nemaha Well (Small Caps)
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The Andrew “Twiggy” Forrest-backed HyTerra (ASX: HYT) has confirmed promising levels of hydrogen and helium in the McCoy 1 exploration well at the Nemaha project in Kansas. Fortescue's (ASX: FMG) $21.9 million investment in HyTerra to support its industrial gas hunt in Kansas looks to be paying off, with mud gas samples from McCoy 1 […]
The post HyTerra Confirms Hydrogen and Helium in New McCoy 1 Nemaha Well appeared first on Small Caps....
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12.08.25 - 09:06
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China′s push to promote its currency accelerates with landmark Fortescue loan (SCMP)
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China has passed another milestone in its efforts to promote the global use of its currency, with the Australian metals giant Fortescue agreeing to borrow a record 14.2 billion yuan (US$1.98 billion) in a syndicated loan agreement arranged by one of China's biggest state-owned banks.
The deal is the first ever offshore yuan syndicated loan to an Australian company and the largest ever to a non-Chinese firm, lead arranger Bank of China said in a statement on Tuesday.
Fortescue – the world's......
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