IO is the core business
Green renewables are non revenue earning capex spending.
If they want to get into green renewables they must join the EV boom into Li & Ni.
H gas & african waterfalls wont cut it.
Fact remains FMG is one of Ozs largest poluuters today, 2MTpa carbon pumped into the atmosphere
A new jet for the boss increases this carbon pollution even more as does more production.
Talking green yet actually walking brown dirty is great PR spin but factually inaccurate.
FMG are no Tesla.
If they want to be they have to start producing battery metals & nowhere near that at all.
Iron ore price, page-38212
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Last
$17.75 |
Change
-0.200(1.11%) |
Mkt cap ! $54.65B | |||
| Open | High | Low | Value | Volume |
| $17.88 | $17.91 | $17.54 | $136.4M | 7.625M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $17.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.77 | 2500 | 1 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |