Original article by Julie-anne Sprague
The Australian Financial Review – Page: 29 : 12-Dec-19
Shares in Fortescue Metals Group closed $0.14 higher at $10.38 on 11 December, after peaking at a record $10.45. The pure-play iron ore miner’s shares have gained nearly 150 per cent in the year to date; the rally has seen the stake of founder Andrew Forrest rise to around $11.3bn, with the iron ore price trading at around $US93 per tonne. BHP’s share price is currently trading at its highest level since August, while Rio Tinto is trading at a four-month high.
FORTESCUE METALS GROUP LIMITED – ASX FMG, BHP GROUP LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO