Company research
Fortescue Metals Group Ltd (Fortescue) is Australia's third largest producer of iron ore and the world's fourth largest participant in the seaborne iron ore market. The company is a principal iron ore supplier to the steel mills in China. Fortescue is listed on the Australian Securities Exchange (ASX) with a market capitalisation of approximately $7bn as at the date of this report
Opinion
Iron ore price forecasts slashed
Company updates
Analyst comment following further iron ore price falls
Opinion
With Fortescue withdrawing its new secured bond issue, and cancelling the bond buyback, the question becomes what is the most likely path for the company from here.