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Fortescue Metals Group has joined its larger iron ore rivals to reward shareholders with a large final dividend due to soaring iron ore prices.
Elizabeth Gaines, CEO of Fortescue Metals Group, has indicated that the iron ore miner is prepared for the worst of the COVID-19 scenario, with precautions in the event of an outbreak.
Washington mining billionaire Andrew Forrest took his clean energy ambitions a little closer with a deal to study the development of a large green hydrogen plant in New Zealand.
Another record quarter for Fortescue Metals Group's pilbara iron ore operations helped the Andrew Forrest-controlled miner set a new benchmark for exports.
Contract to support the Pilbara mines and infrastructure until 2026
The initiative, which started in 2020 but was thwarted by COVID-19 restrictions, got off to a good start with a record number of young girls participating.
. . Mining tycoon Andrew 'Twiggy' Forrest made $ 1. $ 3 billion in just one day, adding to his already $ 25 billion fortune.
. . For investors riding the monster price wave of iron ore, Andrew Forrests Fortescue's bullish market outlook must have had an adrenaline rush.
. . The ASX 200 added up to 1. 2% on Monday opening after Wall Street fed on vaccine and stimulus optimism and iron ore prices rose to $ 145 per ton.

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