Fortescue's Earnings Defies Downturn for Mining Rivals

Fortescue's Earnings Defies Downturn for Mining Rivals

Yahoo Finance

Iron ore behemoth Fortescue Ltd.’s months-long stock rally suffered a big pullback in February. The world’s fourth-largest iron ore miner is tipped for the greatest earnings slowdown over the next year. Shares of the Australian firm founded by billionaire Andrew Forrest have surged almost 30% in the past six months.

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