PARTNER CONTENT
✕
OPERATIONS

FMG profits fall on iron ore prices

FORTESCUE Metals Group posted a first half net profit after tax of US$2.8 (A$3.87) billion, down 32%, despite record iron ore shipments from its operations in Western Australia.

paul hunt
FMG profits fall on iron ore prices

Underlying earnings before interest, taxes, depreciation, and amortisation, fell 28% to US$4.76 billion, however, it was still largely in line with consensus estimates. Over the six months FMG shipped...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
PARTNER CONTENT

Emesent Hovermap riding high on UAVs, robots and automobiles

PARTNER CONTENT

Tackling tailings risk with dewatered solutions

MOST POPULAR

1
OPERATIONS

How a small road and farming contractor became a mining giant

2
OPERATIONS

BHP to decide Nickel West's fate by August

3
OPINION

Qld mining will prove its mettle with flexibility

4
MANAGEMENT

First customers secured for Lumsden Point

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalogue of 2022 Initial Resource Estimates and recent discovery successes.

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.

Login