Fortescue Metals Group Ltd boss Andrew Forrest laid the groundwork for his current wealth four years ago this month when he negotiated a deal with Allied Mining & Processing.
FORTESCUE Metals Group Ltd this week announced an off-take agreement with Shanghai Baosteel Group Corporation for up to 20 million tonnes of iron ore per year, following a trading halt on Friday.
Iron ore hopeful Fortescue Metals Group Ltd has announced an offtake agreement with Shanghai Baosteel Group Corporation, for up to 20 million tonnes of iron ore per annum.
An almost 30 per cent rise in the share price of iron ore hopeful Fortescue Metals Group Ltd over the past fortnight could be attributed to recent upward projections in iron ore prices for the 2008-2009 financial year, the company told investors today.
IRON ore company Fortescue Metals Group Ltd has warned of possible delays and cost overruns at its flagship project, after cyclone George battered the Pilbara last week.
Planning and Infrastructure Minister Alannah MacTiernan has welcomed the commencement of work on Fortescue Metals Group's Pilbara railway, saying the line would provide access for other companies to export markets.
East Perth-based Fortescue Metals Group Ltd has secured an iron ore offtake agreement with China's Wuhan Iron & Steel Group for around two million tonnes per year.
When nickel producer Minara Resources decided last year to pursue the development of a $25 million heap leach demonstration plant, it ran into an unexpected problem.
The Pilbara Mining Alliance, a joint venture of Fortescue Metals Group Ltd and Roche Mining, has commenced ground breaking at Fortescue's Cloud Break mine.
Andrew Forrest and his Fortescue Metals Group are determined to build a new iron ore mine in the Pilbara, but the closer an outsider looks at the financial structure being created
Iron ore developer Fortescue Metals Group last week signed a $535 million equity deal with a New York group after breaking off talks with Noble Group Ltd.
FORTESCUE Metals Group Ltd has signed a further three iron ore sales agreements, with three of China's top 10 steel mills agreeing to take a total of 3 million tonnes per annum, the company says.
Fortescue Metals Group Ltd has signed another three iron ore sales agreements, with three of China's top ten steel mills, to export a further three million tonnes per annum.
Iron ore developer Fortescue Metals Group Ltd has posted an operating loss after income tax of $2.1 million for 2006, up from 2005's operating loss of $4.5 million.
Fortescue Metals Group has placed a trading halt on its shares, pending the release of an announcement, following reports FMG is expecting to finalise equity funding for its $2.5 billion Chichester Range iron ore project.
Prominent Western Australian iron ore player Fortescue Metals Group Ltd and mining services specialist Roche Mining have entered into a long term alliance, forming the Pilbara Mining Alliance.
BUDDING iron ore developer Fortescue Metals Group Ltd has awarded a $160 million development contract to WorleyParsons Ltd for its $2 billion iron ore project.
Fortescue Metals Group Ltd announced it has signed an EPCM contract with WorleyParsons Ltd covering engineering, procurement and construction management of Fortescue's Pilbara iron ore and infrastructure project.
THE Australian Securities and Investments Commission made an application to file a new statement of claim against Fortescue Metals Group Ltd and its chief executive, Andrew Forrest, in the Federal Cou
Aspiring iron ore producer Fortescue Metals Group today responded to the Australian Stock Exchange's request for details regarding its recent spike in share price.
Environment Minister Mark McGowan has given final environmental approval for Fortescue Metals Group's Ltd Cloud Break iron ore mine, subject to a comprehensive package of environmental conditions.
Fortescue Metals Group Ltd has announced mining experts Snowden Mining Industry Consultants has completed the mining feasibility study for the first stage of the Pilbara Iron Ore Project covering its Cloud Break and Christmas Creek deposits.
Embattled iron ore developer Fortescue Metals Group Ltd has signed additional sales agreements of 6.4 million tonnes per annum with a further six Chinese steel mills.
ASIC has taken legal action against Fortescue Metals Group Ltd and its CEO Andrew Forrest alleging misleading and deceptive conduct and failure to comply with its continuous disclosure obligations.
The National Competition Council has released a report titled Questions for Rail Capcity Experts re BHP & FMG which examines the issue of rail access in the Pilbara.
The wrangling over Fortescue Metals Group Ltd's access to BHP Billiton Ltd's Mount Newman railway line continued at the 9th Annual Iron Ore & Steel Forecast Conference yesterday.
Shares in Fortescue Metals Group Ltd have risen eight cents today following news the company has received approval from the Port Hedland Port Authority for the commencement of construction at Fortescue's Pilbara Iron Ore and Infrastructure Project.
Fortescue Metals Group Ltd advised that it has signed additional sales agreements representing an aggregate of 8 million tonnes per annum with a further six steel mills.
Fortescue Metals Group 12-Oct-05 Announced signing of Land Access agreements with traditional owners from three native title claim groups from the Pilbara region.
Fortescue Metals Group Ltd 13-Oct-05, Has signed additional sales agreements representing an aggregate of 7.5 million tonnes per annum with four Chinese steel mills.
