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By Melanie Burton and Roshan Thomas
MELBOURNE (Reuters) -Fortescue reported a slump in first-half profit on Thursday, missing analysts' forecasts, and said it was reconsidering the timeframes for some of its green energy projects given policy uncertainty from the Trump administration.
Australia's iron ore majors, including bigger rivals Rio Tinto and BHP reporting this week, have seen profits narrow to pre-COVID-era lows as prices for the steelmaking ingredient came under pressure from slowing...
>>> Read more: Fortescue misses profit estimates, shares slide
MELBOURNE (Reuters) -Fortescue reported a slump in first-half profit on Thursday, missing analysts' forecasts, and said it was reconsidering the timeframes for some of its green energy projects given policy uncertainty from the Trump administration.
Australia's iron ore majors, including bigger rivals Rio Tinto and BHP reporting this week, have seen profits narrow to pre-COVID-era lows as prices for the steelmaking ingredient came under pressure from slowing...
>>> Read more: Fortescue misses profit estimates, shares slide
