* $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
$26.21 |
Change
-0.200(0.76%) |
Mkt cap ! $80.69B | |||
| Open | High | Low | Value | Volume |
| $26.60 | $26.64 | $26.19 | $64.30M | 2.444M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14022 | $26.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.23 | 16372 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$26.26 |
Change
-0.200 ( 0.81 %) |
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| Open | High | Low | Volume | ||
| $26.61 | $26.64 | $26.19 | 392904 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| FMG (ASX) Chart |