ASX:FMGMetals and Mining
Fortescue (ASX:FMG) Valuation Check as Green Battery and Hydrogen Investments Gain Traction
Fortescue (ASX:FMG) has just hit a fresh milestone in its green pivot, delivering a large scale BYD battery system while rolling out a 50 MW battery at its Australian iron ore operations.
See our latest analysis for Fortescue.
Those battery milestones come on top of a strong run, with Fortescue’s 90 day share price return of 14.63% and one year total shareholder return of 16.5% suggesting momentum is building as investors warm to its green transition and resilient iron ore cash flows.
If...