Fortescue steadies iron ore, ‘realistic’ on hydrogen – MASHAHER

ISLAM GAMAL27 August 2024Last Update :
Fortescue steadies iron ore, ‘realistic’ on hydrogen – MASHAHER


Australian mining giant Fortescue Ltd has reported steady iron ore production as it slows the pace of its push into green hydrogen.

The iron ore and energy group on Wednesday posted a three per cent rise in underlying net profit to $US5.68 billion for the year to June 30 as higher iron ore prices offset inflationary pressures.


Source Agencies

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