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9 Nov 2020. BHP will appear before a Senate inquiry on Thursday to answer questions about its Pilbara operations, especially arrangements with the Banjima traditional owners. Legal representatives for Fortescue, YAC and the WA State Solicitor's Office all made brief arguments in court. Recent News 29 Oct 2020 Fortescue Metals Group Provides September 2020 Quarterly Production Report : 24 Aug 2020 Fortescue Metals Reports NPAT Up 48.57% to $4,735m for the Year to 30 June 2020: 04 Sep 2020 Fortescue Metals Group, the mining company owned by Andrew “Twiggy” Forrest, has angered shareholder activists by rejecting their resolution for a moratorium on the desecration of Aboriginal heritage sites – on the basis that the physical copy of the documents it was printed on arrived too late to be considered at the annual general meeting. Nov 9, 2020 Fortescue Metals Group (Fortescue) has signed 12 Memoranda of Understanding (MOUs) with major Chinese steel mills, procurement partners and financial institutions on the sidelines of the third China International Import Expo (CIIE 2020), valued cumulatively in the range of US$3 to US$4 billion. Fortescue Metals Group, the mining company owned by Andrew “Twiggy” Forrest, has angered shareholder activists by rejecting their resolution for a … She said the Yindjibarndi had "never got a cent" from FMG. Fortescue and Andrew Forrest lose High Court appeal over exclusive native title of WA's Yindjibarndi people Australia stocks higher at close of trade; S&P/ASX 200 up 0.38% By Investing.com - Dec 03, 2020 Fortescue Metals Group’s border unease amid FIFO mental health concerns. Fri, 30 October 2020 6:51AM. YAC's lawyers loudly exclaimed, while Fortescue's representative, Mr Walker, quickly left the room. However, a closer look at its sound financials might cause you to think again. (ABC News: Emma Machan). FMG | Complete Fortescue Metals Group Ltd. stock news by MarketWatch. FMG signed MoUs with long-term partner and major shareholder Hunan Valin Iron & Steel Group Co for the supply of iron ore and procurement opportunities, as well as the Bank of China, Sydney Branch (for strategic cooperation. Australian mining giant Fortescue Metals Group (FMG) has lost its High Court bid to appeal against a native title determination that covers one of its West Australian iron ore mines. News and media FMG Iron ore Australia FMG intensifies strategic partnership with Wirtgen The surface miner fleet of the Fortescue Metals Group (FMG), one of Australia’s largest iron ore producers, has grown to a total of 43 machines, with 28 WIRTGEN 4200 SM and 15 WIRTGEN 2500 SM. Unlike non-exclusive native title, the exclusive ruling now means the Yindjibarndi have legal possession rights and can control who accesses and uses their land. 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"My congratulations to the Yindjibarndi people for the patience, grace and determination they have demonstrated since first lodging this claim in 2003," he said. View today’s FMG share price, options, bonds, hybrids and warrants. But its mineral-rich expanses have now brought bitter community division and court fights. Chief among these has been a multi-billion dollar export deal with China. Fortescue Metals Group Limited is a well-known global iron ore miner and is engaged in the exploration, development, production, processing and sale of iron ore. By Indigenous affairs correspondent Isabella Higgins and the Specialist Reporting Team's Nick Sas. It has announced it will set up a heritage advisory council with Banjima native title holders to inform the design of its $4.5bn South Flank iron ore mining operation. Friday's decision paves the way for the Yindjibarndi Aboriginal Corporation (YAC) — the organisation representing about 800 traditional owners — to pursue what is expected to be a multi-million-dollar compensation payout for both economic loss and spiritual harm. FMG is an Australian iron and nickel mining company that is among the top 10 in the world. Fortescue Metals Group Limited (ASX: FMG) Share Price and News www.fool.com.au - May 13 at 8:58 PM: A Rising Share Price Has Us Looking Closely At Fortescue Metals Group Limited's (ASX:FMG) P/E Ratio finance.yahoo.com - April 8 at 10:19 PM: A Rising Share Price Has Us Looking Closely At Fortescue Metals Group Limited's (ASX:FMG) P/E Ratio Fortescue announces development study into green ammonia plant in Tasmania. Stuart McKinnon The West Australian. Apr 6, 2020. Distributed by Public, unedited and … Page 1 of 1 WA Aboriginal Affairs Minister Ben Wyatt said the decision marked the end of a "17-year struggle". In its submission to the court, the company was contesting the concept of exclusive native title. FMG News This page features the latest news about the Fortescue Metals stock. Are you already a subscriber? Australia shares rise as financials cap losses in miners By Reuters - Dec 04, 2020 Mining Iron ore Coronavirus (COVID-19) WA News Australia. Fortescue Metals Group Ltd (Often referred to as FMG) is an Australian iron ore company. AEST = Australian Eastern Standard Time which is 10 hours ahead of GMT (Greenwich Mean Time), The Yindjibarndi's fight for what's 'rightfully ours', Investigation finds why Victoria's healthcare workers were infected in their thousands, Native title chief tips Rio Tinto could end up paying $250 million for destroying ancient caves, Kids' birthdays come and go as parents remain stuck overseas due to travel restrictions, 'More deadly than 9/11': US COVID-19 deaths hit record high, A trial of the controversial cashless welfare card will run for two more years. Stock analysis for Fortescue Metals Group Ltd (FMG:ASE) including stock price, stock chart, company news, key statistics, fundamentals and company profile. The legal dispute with FMG began in 2017, after the traditional owners were awarded exclusive native title — after applying in 2003 — over a parcel of land that included Fortescue's Solomon Mine Hub. Level 2, 87 Adelaide Terrace, East Perth, Western Australia 6004 PO Box 6915, East Perth, Western Australia 6004 P +61 8 6218 8888 E fmgl@fmgl.com.au W www.fmgl.com.au. FMG News This page features the latest news about the Fortescue Metals stock. The Australasian Centre for Corporate Responsibility (ACCR) said the documents were late due to a Covid-related courier delay but electronic copies had already been filed. Rio Tinto’s blasting of Juukan Gorge has sharpened attention on other mining operations in the Pilbara, with big institutional investors calling for companies to do more to protect Aboriginal heritage. Fortescue is the fourth largest iron ore producer in the world after BHP, Rio Tinto, and Vale. In a statement to the ASX on Wednesday, Fortescue said the paper copies arrived after the “applicable cut-off date prescribed under the Corporations Act” so the resolutions would not be considered at the meeting scheduled for 11 November. FMG News This page features the latest news about the Fortescue Metals stock. In addition, it … The centre’s Brynn O’Brien said Fortescue had knocked back an important resolution “on a minor technicality”. View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer … Guardian Australia revealed in June that the Western Australian government had granted BHP permission to destroy 40 Aboriginal heritage sites belonging to the Banjima people, four days after the Juukan Gorge explosion made global headlines. The latest Fortescue Metals Group Ltd [FMG] news, articles, data and analysis from The Australian Financial Review Get the latest BBC World News: international news, features and analysis from Africa, the Asia-Pacific, Europe, Latin America, the Middle East, South Asia, and the United States and Canada. View the latest Fortescue Metals Group Ltd. (FMG) stock price, news, historical charts, analyst ratings and financial information from WSJ. The head of an Aboriginal corporation in Western Australia's Pilbara says he can "give the next generation hope" after mining giant Fortescue Metals Group lost its High Court bid against a native title determination covering one of its iron ore mines. This page was last updated on 12/8/2020 by MarketBeat.com Staff ($1 = 1.3689 Australian dollars) (Reporting by Melanie Burton; Editing by … "I hope the divisions created through this process can now begin to heal.". View real-time stock prices and stock quotes for a full financial overview. O’Brien said it called into doubt Fortescue’s “interest in dealing with the important issues raised by its shareholders and indeed Aboriginal traditional owners”. At an FMG shareholders meeting last year, company founder and chairman Andrew Forrest called compensation for the Yindjibarndi people "mining welfare" and said Roebourne was "not a community I'm going to empower with tens of millions of your cash". Australia, through the CEO of Fortescue Metals Group (FMG) Andrew Forrest, is eyeing the development of Indonesia’s geothermal environmentally friendly energy of 25 GW. In a statement to the Australian Securities Exchange, FMG said it was "disappointed" with the outcome. FMG is an Australian iron and nickel mining company that is among the top 10 in the world. The ACCR had sought two resolutions after Rio Tinto’s destruction of Juukan Gorge in the Pilbara in May. Fortescue’s values and culture highlighted at 2020 Annual General Meeting. Fortescue Metals has been accused of rejecting an important resolution on the desecration of Aboriginal heritage sites ‘on a minor technicality’. Yindjibarndi Aboriginal Corporation's legal representative Tina Jowett said it was a "brilliant outcome" for the traditional owners. The company was seeking to contest the exclusive possession rights of the Yindjibarndi people over land in the Pilbara that includes the site of its multi-billion-dollar Solomon mine hub. 17 Nov 2020. Stock analysis for Fortescue Metals Group Ltd (FMG:ASE) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 0 : Created with Sketch. The physical documents were delivered the next morning. "It really boils down to an argument that if the colonisers have come in and flexed their muscles and made it the case that Indigenous people are subservient to them, then that is a basis for taking away their rights.". Fortescue Metals Group Ltd. published this content on 05 May 2020 and is solely responsible for the information contained therein. The High Court decision has failed to scare investors, with the company's share price closing up 17 cents on Friday to $13.69 a share, valuing Mr Forrest's stake at $15.2 billion. It said it did not expect the decision to impact its operations or mining tenure at the Solomon hub and it did not anticipate "any material financial impact". Lengthy submissions had already been filed to the court weeks prior. Fortescue and ATCO power on with hydrogen agreement. Australia, through the CEO of Fortescue Metals Group (FMG) Andrew Forrest, is eyeing the development of Indonesia’s geothermal environmentally friendly energy of 25 GW. Mining company owned by Andrew Forrest says paper copies arrived after the ‘applicable cut-off date’, Last modified on Wed 16 Sep 2020 04.55 EDT. The company can be reached via phone at +61-8-62188888. “That they are doing this to avoid shareholder scrutiny of their relationships with Aboriginal traditional owners begs the question, what are they hiding?”. Fortescue Metals Group (Fortescue) and ATCO Australia (ATCO) have signed an agreement to explore the deployment of hydrogen vehicle fuelling infrastructure in Western Australia. View real-time stock prices and stock quotes for a full financial overview. Fortescue Metals Group has secured 12 new agreements with Chinese steel mills, procurement partners and financial institutions during the China International Import Expo 2020. australianmining.com.au Fortescue signs multi-billion-dollar agreements with Chinese - Australian … Jubilant moment today, '' Mr Woodley said got a cent '' FMG... Companies leeway on trading while insolvent in 2005 and investor expectations.” court fights reached. Latest news about the fortescue Metals has been a multi-billion dollar export deal with.. 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