Iron – Fortescue Metals Group Ltd. (ASX:FMG) provided its results for the fourth quarter of 2013, commenting that it shipped a record 28 million tonnes during that time period. Meanwhile, its average realized CFR price rose to US$125 per dry tonne, "indicating the continued strength of iron ore markets."
Articles Tagged "ASX:FMG"
Iron – Australia's Fortescue Metals Group (ASX:FMG) has broken a new record by loading its biggest-ever shipment of iron ore through Port Hedland, Australian Mining reported.
The Australian Securities Exchange closed lower today compared to the previous session, losing 21.3 points to finish at 5,400.665 points. The market hit a high of 5,422 points today.
Iron – Fortescue Metals Group (ASX:FMG) is planning a substantial expansion of its Christmas Creek iron ore mine in the Australian Pilbara region, The Australian reported.
Iron – Now may be the time to take another look at iron ore companies as an investment, with many making major gains over the last 3 months.
Today, the Australian Securities Exchange closed at 5,386.3 points, up 13.4 points, or 0.2 percent, from the previous session. The market hit a high of 5,397.1 points earlier in the day.
Today, the Australian Securities Exchange closed at 5,321.5 points, 38.4 points higher than yesterday and the exchange's highest level since June 2008.
Iron – Fortescue Metals Group (ASX:FMG) said it would take control of iron-ore processing at a mine in West Australia where a worker was called last month, MarketWatch reported.
The Australian Securities Exchange rose today to a high of 5,156.9 points before closing at 5,145 points, up 2.5 points from the previous close.
After rallying last week, the Australian Securities Exchange fell to 5,055.2 points, a 0.2-percent, or 9.6-point, decline.