Every chance that Vale will reconsider additional IO being mined, there balance sheet not as strong as before and their margins have been decimated.
Dividend has also been cit as well a credit rating downgrade, If BHP/RIO/FMG make a move to be more sensible with supply Vale will follow
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FMG
fortescue ltd
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$17.00

BHP/RIO in Breach of Royalty Act ?, page-6
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Last
$17.00 |
Change
0.090(0.53%) |
Mkt cap ! $52.34B |
Open | High | Low | Value | Volume |
$17.14 | $17.25 | $16.95 | $144.8M | 8.498M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2550 | $16.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.00 | 11192 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2550 | 16.960 |
10 | 10510 | 16.950 |
3 | 11999 | 16.920 |
4 | 928 | 16.910 |
18 | 9526 | 16.900 |
Price($) | Vol. | No. |
---|---|---|
17.000 | 11192 | 3 |
17.020 | 11520 | 5 |
17.030 | 58 | 1 |
17.040 | 18055 | 1 |
17.050 | 70 | 1 |
Last trade - 16.16pm 18/07/2025 (20 minute delay) ? |
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FMG (ASX) Chart |