FMG 0.90% $20.14 fortescue ltd

POWER!!!! Fortescue Future Industries, page-4812

  1. 11,330 Posts.
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    Hi @mah

    No FMG does not own a percentage of Liebherr, they formed a very strategic Joint Venture partnership in 2022 that has resulted in an extraordinary business opening and opportunity/opportunities. Their product suite is now inceasing, for every item sold there would be a split for both parties (we don't know what that is), however, with what has recently taken place with that mega-$US2.8bn deal, it has sent a very clear message to the heavy mining industry and now has got me thinking could something else significantly greater be in the works?

    Tony
 
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