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Results 1 - 10 of 10978 for fortescue metals

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  1. Business - Companies

    Hong Kong firm wins battle against Australia’s Fortescue over rail pricing

    Posted Sep 13th 2013, 10:07am by Reuters

    ... Reuters in Melbourne Fortescue Metals Group will be allowed to charge Brockman Mining only about half the price it was targeting to let the Hong Kong-based firm use its iron ore rail line, under a state regulator’s landmark ruling on Thursday. Brockman is among several emerging iron ore miners that have held talks with Fortescue about using its rail line, but is the first to test ...

    http://www.scmp.com/business/companies/article/1308998/hong-kong-firm-wins-battle-against-australias-fortescue-over-rail
  2. Business - Companies

    Australia’s Fortescue holds back on rail stake sale as profit soars

    Posted Aug 22nd 2013, 03:21pm by Reuters

    ... Sonali Paul in Melbourne Australia’s Fortescue Metals Group, shored up by soaring iron ore output and deep cost cuts, has scrapped a September deadline for selling a stake in its port ... US$10 billion in debt. Fortescue put a minority stake in its port and rail business, The Pilbara Infrastructure (TPI), up for sale last December with the aim of raising around US$3 billion ...

    http://www.scmp.com/business/companies/article/1298566/australias-fortescue-holds-back-rail-stake-sale-profit-soars
  3. Fortescue Metals shares resume trading, rise 17.4 per cent

    Posted Sep 18th 2012, 08:40am

    ... STAFF REPORTER Fortescue Metals soared 17.4 per cent on Tuesday when its shares resumed trading, rising A$0.52 to A$3.51.  ...

    http://www.scmp.com/article/1039599/fortescue-metals-shares-resume-trading-rise-174-cent
  4. Business - Companies - LISTINGS

    Fortescue weighs IPO for ore venture

    Posted Apr 08th 2013, 12:00am by Celine Sun

    ... Fortescue weighs I.P.O. for ore venture Fortescue Metals, the third-largest iron ore miner in Australia, is considering a listing of its joint venture with China's Baosteel in either Hong Kong ... in the market. He said the funds raised would be used on the project's development, without disclosing further details. In December, Fortescue said the Iron Bridge project was estimated to have ...

    http://www.scmp.com/business/companies/article/1209566/fortescue-weighs-ipo-ore-venture
  5. Business - Commodities - AUSTRALIA

    Fortescue Metals a headache for Merrill

    Posted Sep 18th 2012, 12:00am by Sean Kennedy

    ... Sean Kennedy sean.kennedy@scmp.com Fortescue a big headache for Merrill The unexpected suspension of trading in the shares of Fortescue Metals last week is causing headaches for Bank ... are concerned Fortescue may renegotiate existing debt facilities. It is also in the spotlight since its shares were suspended on Friday, when it said it expected to make an announcement about ...

    http://www.scmp.com/business/commodities/article/1039414/fortescue-metals-headache-merrill
  6. Business - Companies

    Formosa to invest US$1.15b in ore venture

    Posted Aug 17th 2013, 12:00am by BLOOM

    ... Bloomberg in Melbourne Formosa to invest US$1.15b in ore venture Fortescue Metals Group, Australia's third-biggest iron-ore exporter, said Formosa Plastics agreed to invest US$1.15 ... the first US$527 million of capital spending to develop the first stage of the project, 100 kilometres south of Port Hedland, Perth-based Fortescue said in a statement yesterday. FMG Iron Bridge, ...

    http://www.scmp.com/business/companies/article/1297305/formosa-invest-us115b-ore-venture
  7. Business - Commodities - IRON ORE

    Rating agency S&P says no respite for iron ore miners

    Posted Oct 02nd 2012, 02:14pm by AFP

    ... single-commodity miners such as Australia’s Fortescue Metals Group and Ukraine’s Ferrexpo would be under the greatest pressure, with iron ore accounting for almost all their business. Fortescue last month ... ore prices to remain soft. Brazil’s Vale and Anglo-Australian Rio Tinto were more likely to suffer, with an estimated impact on earnings of between 20 and 40 percent, S&P said. Fortescue ...

    http://www.scmp.com/business/economy/article/1052274/rating-agency-sp-says-no-respite-iron-ore-miners
  8. CIC resumes talks for stake in Fortescue

    Posted Nov 17th 2008, 12:00am by Staff Reporter

    ... in Australian iron ore producer Fortescue Metals Group, according to sources. CIC may also bring in a strategic partner if the talks with Fortescue founder Andrew Forrest produce an agreement. Baosteel ... has said clearly they are looking for a return. Is Fortescue the company to do that? I'm not so sure,' said one mining specialist. Some metals experts also discounted Baosteel ...

    http://www.scmp.com/article/660504/cic-resumes-talks-stake-fortescue
  9. Valin gets 17.4pc Fortescue stake while Minmetals revises OZ bid

    Posted Apr 01st 2009, 12:00am by Staff Reporter

    ... Tim LeeMaster Hunan Valin Iron & Steel has received Australian government approval to take a 17.4 per cent stake in Fortescue Metals Group while China Minmetals Corp has submitted a revised offer for OZ Minerals after Canberra objected to the original deal. Hunan Valin will spend A$644.8 million (HK$3.45 billion) buying new shares in Fortescue, the third-largest iron ore ...

    http://www.scmp.com/article/675429/valin-gets-174pc-fortescue-stake-while-minmetals-revises-oz-bid
  10. Beijing goes slow on Valin's Fortescue stake

    Posted Apr 16th 2009, 12:00am by Staff Reporter

    ... Tim LeeMaster Beijing is delaying approval of Hunan Valin Iron & Steel's acquisition of a stake in Fortescue Metals Group to avoid setting a restrictive precedent for the much ... Valin received approval with conditions from the government of Australia earlier this month to take a 17.4 per cent stake in Fortescue. The company agreed to pay A$644.8 million (HK$3.6 billion) ...

    http://www.scmp.com/article/677006/beijing-goes-slow-valins-fortescue-stake

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