* $6bn investment which is largely planned by FY24-28.
* FFI Maximum annual expenditure = $1.5bn.
* US$1.1 billion unused capital.
* The decarbonisation at Fortescue will result in net operating cost savings of US$818 million per annum at prevailing market prices from later this decade.
* Almost 100 million litres of diesel usage avoided already at the Chichester Hub in FY22.
* 600 million million litres of diesel usage avoided to go.
* Potential to reduce 20 to 25 per cent off their costs by that stage.
* They're re-investing back into the business - investing in growth ie decarbonisation.
* They're maintaining balance sheet strength.
* And providing shareholder returns.
Tony
* $6bn investment which is largely planned by FY24-28.* FFI...
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Last
$21.42 |
Change
-0.205(0.95%) |
Mkt cap ! $65.98B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.60 | $21.25 | $62.19M | 2.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 11432 | $21.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.42 | 6906 | 15 |
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| Last trade - 13.40pm 22/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |