FMG 0.87% $21.71 fortescue ltd

I'm mainly here for the FMG growth in the renewables space, but...

  1. 229 Posts.
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    I'm mainly here for the FMG growth in the renewables space, but not ignorant to the fact that the iron ore side needs to continue to get the company there. Out of curiosity, since all the estimates that I keep reading are that eventually earnings will come down when the spot price drops, why doesn't the company hedge half its output or something along those lines, or do they already do that?
 
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