FORTESCUE ORD
Weekly Wrap: Rising rates lift AUD and gold as miners lead ASX gains
Gold hits fresh highs and miners rally as rates rise; Life360 soars on upbeat guidance, AUD hits 16-month peak, ASX 200 slips 0.5% for the week.
Weekly Wrap: Markets edge as Rio-Glencore talks spark change in mining bid
Rio Tinto slides 6% on Glencore all-stock merger talks; BlueScope up 2% after rejecting a $30 offer. ASX 200 drifts -0.1% as deal news dominates.
Fortescue moves to acquire Pilbara iron ore developer Red Hawk Mining
Australian mining giant Fortescue (ASX: FMG) has made a takeover bid worth as much as $254 million for up-and-coming Pilbara iron ore mine developer Red Hawk Mining (ASX: RHK). Red Hawk operates the Blacksmith project, the largest direct shipping iron ore project in the Pilbara not owned by one of the major iron ore producers. […]
HyTerra targets strong year-end as Fortescue backs white hydrogen push in Kansas
HyTerra (ASX: HYT) is preparing for a strong finish to 2024 in its hunt for high-value white hydrogen in the US. Releasing its latest quarterly report, the Australian junior highlighted the strong platform it has built to accelerate drilling at its large Kansas hydrogen exploration position. The key to the future timeline for exploration at […]