Fortescue Ltd (FSUMF)
| Market Cap | 31.05B |
| Revenue (ttm) | 16.35B |
| Net Income (ttm) | 3.90B |
| Shares Out | n/a |
| EPS (ttm) | 1.26 |
| PE Ratio | 7.96 |
| Forward PE | 10.40 |
| Dividend | 0.91 (9.15%) |
| Ex-Dividend Date | Feb 26, 2025 |
| Volume | 300 |
| Average Volume | 3,372 |
| Open | 10.00 |
| Previous Close | 9.85 |
| Day's Range | 10.00 - 10.05 |
| 52-Week Range | 8.45 - 15.50 |
| Beta | 0.86 |
| RSI | 46.68 |
| Earnings Date | Aug 28, 2025 |
About Fortescue
Fortescue Ltd engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It explores for copper, gold, and lithium deposits; and rare earth elements. The company provides port towage services; owns and operates rail and port facilities; and focuses on producing green energy and green hydrogen, including derivatives comprising green ammonia. The company was formerly known as Fortescue Metals Group Limited and changed its name to Fortescue Ltd in November 2023. Fortescue Ltd was... [Read more]
Financial Performance
In 2024, Fortescue's revenue was $18.22 billion, an increase of 8.00% compared to the previous year's $16.87 billion. Earnings were $5.68 billion, an increase of 18.45%.
Financial StatementsNews
ASX LIVE UPDATES: ASX dips; iron ore producers RIO, FMG and BHP fall; PointsBet enters trading halt
Australian shares edge lower; ex-Virgin boss to join Web Travel board; Bowen Coking Coal plunges. Follow live.
ASX LIVE UPDATES: ASX slides; Fortescue, BHP fall as iron ore extends decline
Australian shares follow Wall Street lower; UBS upgrades oOh!Media to ‘buy’; RBC tips 17pc rally in Nuix; Boss meets production guidance. Follow live updates.
Fortescue’s hydrogen chief joins growing list of departing execs
Cameron Smith has been relieved of his role as head of Fortescue Hydrogen Systems, the latest sign of turmoil in Fortescue’s green energy plans.
Fortescue's Forrest on Trump Tariffs, Deep-Sea Mining "Farce", Ocean Conservation
President Trump's tariffs are "not working", according to Australian mining executive Andrew Forrest, who has called for a return to free trade. Forrest, the executive chairman of Fortescue and founde...
Former Fortescue executive Fiona Hick to join Barrenjoey board
Despite early scepticism, the Barclays-backed investment bank has recut the local market, winning key mandates and building one of the largest research teams.
Pocock says voters have ‘buyer’s remorse’ after Labor approves massive gas development’s 40-year extension
Fortescue CEO also says suggestion Australia can lock in fossil fuel projects and claim progress on net zero is ‘concerning’ Crossbenchers and environmental advocates are furious at the government’s d...
Fortescue Energy CEO to Resign in Executive Overhaul
Mark Hutchinson will step down as Dino Otranto, who leads the miner's metals business, assumes an expanded role.
Fortescue delays timeline for Iron Bridge magnetite full capacity to 2028
The big question behind the big changes at the top of Fortescue and Rio
The CEO changes at Fortescue and Rio go to a central question: what does the new era of growth look like for Australian mining?
Rio, Fortescue chief executives to exit in global mining sector shock
Jakob Stausholm said he would leave Rio Tinto at the end of the year, a resignation followed an hour later by Fortescue’s co-chief executive Mark Hutchinson.
Fortescue’s $6.2b Iron Bridge project hit with delays – again
Fortescue says its high-grade but troubled Iron Bridge project won’t be fully operational until 2028; half a decade later than originally expected.
‘His peers don’t like him either’: Ex-minister lashes Andrew Forrest
Ex-federal resources minister Ian Macfarlane offered a frank assessment of the Fortescue billionaire, who then responded by calling him an “old fossil fuel guy”.
China moving on from Pilbara iron ore unfit for green steel: Forrest
The Fortescue chairman said the world’s biggest iron ore importer was increasingly looking at Brazil and Africa, and local mining giants were “going down”.
Alta Copper announces non-brokered financing with Fortescue
Alta Copper raises C$1.5M through private placement to advance its 100%-owned Cañariaco copper project.
Chinese fast-fashion retailer opens flagship Urban Revivo store in Hong Kong
FMG opened its flagship Urban Revivo store in Tsim Sha Tsui on Friday, taking up 8,750 sq ft of retail space in Harbour City.
Fortescue says Rio Tinto iron downgrade bolsters green refining case
Fortescue mining boss Dino Otranto says a downgrade to Australia’s flagship iron ore product is proof the nation must invest in more clean, domestic refining.
Fortescue posts higher Q3 iron ore shipments, lower costs
Big mining’s decade of inflationary pressure is ending
Market updates from Fortescue, Whitehaven and Stanmore Coal suggest production costs at Australian mines are falling after almost a decade of inflation.
American billionaire raises Fortescue lawsuit stakes to $300m
Paul Tudor Jones has been pursuing the Forrest-backed mining giant over the failure of a joint venture to redevelop coal and gas power stations in the US.
CMB.Tech NV and Fortescue Sign Landmark Agreement for Ammonia-Powered Vessel | CMBT stock news
CMB.Tech NV and Fortescue Sign Landmark Agreement for Ammonia-Powered Vessel | CMBT stock news
Fortescue's Move Into Tech Is Not Helping The Stock
Fortescue: The Market For Its Low Grade Iron Ore Product May Soon Disappear
Fortescue's Billionaire Founder on Tariffs, Copper, Climate Change
Fortescue's Andrew Forrest discusses his outlook for the commodities sector in an interview with Bloomberg Television on the sidelines of the Boao Forum in China. The billionaire founder says the mini...
Fortescue's Andrew Forrest sees caution throughout China but no lack of optimism amid U.S. tariffs
Fortescue Executive Chairman Andrew Forrest says he sees a "firm" and "resolute" purpose when it comes to leadership in China.
Fortescue's Andrew Forrest sees caution throughout China but no lack of optimism amid U.S. tariffs
Fortescue Executive Chairman Andrew Forrest says he sees a "firm" and "resolute" purpose when it comes to leadership in China.