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24% dividendrendement: Fortescue Metals - ijzererts met de laagste kostprijs

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  1. forum rang 10 DeZwarteRidder 16 februari 2022 19:00
    China roept grondstoffenhandelaren op het matje
    Van onze redacteur 18:35

    China heeft tien binnen- en buitenlandse grondstoffenbedrijven op het matje geroepen, zo meldt persbureau Bloomberg. Peking wil de oplopende ijzerertsprijzen beteugelen. Onder de bedrijven zijn Trafigura en Glencore, twee van 's werelds grootste grondstoffenbedrijven.

    De hoge prijzen van ijzererts dreigen de inflatie in het land verder op te drijven. De bijeenkomst in de noordelijke stad Qingdao moet een stabiele ijzerertsmarkt garanderen, zo valt op te maken uit een bericht van de nationale ontwikkelings- en hervormingscommissie. In de afgelopen weken heeft China al extra controles ingevoerd op grondstoffenhandel en havens.

    De handelaren moeten bij de vergadering in Qingdao onder meer data over hun voorraden in Chinese havens aanleveren, alsmede details over hun recente handelsactiviteiten. Sinds november vorig jaar zijn de prijzen van ijzererts bijna 80% gestegen. Door de acties van Peking zijn de prijzen nu 9% gedaald.

    Lees het volledige artikel: fd.nl/bedrijfsleven/1430560/china-roe...
  2. forum rang 10 DeZwarteRidder 16 maart 2022 13:07
    quote:

    Zebra schreef op 16 maart 2022 12:38:

    Inmiddels zit Fortescue weer op een leuk niveau om op te pikken
    Zeker, want de ijzerprijzen rijzen de pan uit.
  3. forum rang 6 Dividend Collector 1 november 2022 16:06
    Waarom horen we je niet meer over Fortescue Metals DZR? Koers -22% dit jaar, ouch. En analisten zien meer pijn aankomen en komen met koersdoelverlagingen. Gaat het dividend omlaag?
  4. forum rang 10 DeZwarteRidder 1 november 2022 16:24
    quote:

    Dividend Collector schreef op 1 november 2022 16:06:

    Waarom horen we je niet meer over Fortescue Metals DZR? Koers -22% dit jaar, ouch. En analisten zien meer pijn aankomen en komen met koersdoelverlagingen. Gaat het dividend omlaag?
    De koers is eerst met ca 50% gestegen en er is ook nog een schandalig hoog dividend uitgekeerd.

    De koers hangt nu af van de ijzerertsprijs en ik heb geen idee of die gaat stijgen of dalen.
  5. Zebra 8 november 2022 12:54
    quote:

    DeZwarteRidder schreef op 1 november 2022 16:24:

    [...]

    De koers is eerst met ca 50% gestegen en er is ook nog een schandalig hoog dividend uitgekeerd.

    De koers hangt nu af van de ijzerertsprijs en ik heb geen idee of die gaat stijgen of dalen.
    Fortesque ligt nu weer op een mooi niveau om op te pikken en hebben in september inderdaad +/- 18% dividend uitgekeerd
  6. forum rang 10 DeZwarteRidder 22 februari 2024 12:40
    Fortescue beats on first-half profit, posts strong dividend
    Reuters | February 21, 2024 | 4:24 pm Energy Top Companies Australia Iron Ore

    Australia’s Fortescue on Thursday posted a 41% jump in its half-year profit and declared a better-than-expected dividend, supported by strong iron ore shipments and higher prices for its lower grades of the steel-making raw material.

    Imports to China, the world’s largest iron ore consumer, hit a record high last year on strong demand as steel makers sought to conserve margins by using more lower grade ore, raising demand for Fortescue’s products.
    Sign Up for the Energy Digest

    The world’s fourth-largest iron ore miner said net profit after tax attributable for the six months ended Dec. 31 came in at $3.34 billion, up from $2.37 billion a year ago. It beat an LSEG estimate of $2.89 billion.

    The beat on profit flowed in to lift its interim dividend to A$1.08 per share, topping the consensus estimate of A$1.04, and up from A$0.75 apiece declared a year ago. The payout was in the middle of its 50-80% target range.

    “The market will take (the) dividend and EBITDA beat as a positive,” Citi analysts said in a note, referring to earnings before interest, tax, depreciation and amortization. Shares in the miner rose 2.2%.

    At its Iron Bridge magnetite operations, work is underway to replace a 65-km (40-mile) section of a high pressure water pipeline, expected to be completed by mid-2025, Fortescue said.

    Fortescue realized an average revenue of $108.19 per dry metric tonne, as compared with $87.18/dmt in the prior corresponding period and kept its overall full fiscal-year shipment forecast unchanged at 192 million to 197 million tons.

    Fortescue also stuck to its spending guidance. Metals capital expenditure is seen at $2.8 billion-$3.2 billion and for its energy division, net operating expenditure of around $800 million and capital expenditure and investments of approximately $500 million.

    There was no update around the timing of final investment decisions on green energy projects in Norway, Brazil and Kenya, which energy boss Mark Hutchinson said last month were being readied and which Fortescue had earlier said would be ready at the end of 2023.

    There are concerns about how Fortescue will fund those projects, even with free cash flow at $2.65 billion and net debt of $569 million that has halved from June.

    Those projects are a 2.1 gigawatt green hydrogen project in Brazil, a 300 megawatt (MW) project in Chui, Kenya, and a 300 MW Holmaneset project in Norway. Goldman Sachs, which has a sell rating on the stock, estimates these projects combined will cost $10 billion-$20 billion.

    (By Melanie Burton, Archishma Iyer and Roushni Nair; Editing by Shailesh Kuber and Sonali Paul)
  7. forum rang 10 DeZwarteRidder 3 januari 2025 10:46
    China's Iron Ore Imports Set for Record Surge in 2025 Despite Sluggish Steel Demand

    Synopsis: China's iron ore imports are projected to hit a new high in 2025, driven by supply surges from major producers like Australia and Brazil, even as the country faces continued weak demand for steel due to the ongoing property crisis.
    Friday, January 3, 2025

    China, the world’s largest importer of iron ore, is expected to set a new record for its iron ore imports in 2025, despite experiencing a protracted downturn in steel demand. According to a survey of analysts and traders, China's iron ore imports could rise by 10 million to 40 million metric tons, reaching up to 1.27 billion metric tons, surpassing the anticipated record volumes of 2024. This growth is primarily driven by an increase in supply from major iron ore producers, including Australia and Brazil, which are eager to sell their ores ahead of the upcoming Simandou iron ore project’s production.

    The Simandou project, located in Guinea, is set to flood the market with new iron ore supplies later in 2025, leading to further fluctuations in global iron ore prices. The price of iron ore is expected to drop to between US$75 and US$120 per metric ton in 2025, a decrease from the range of US$88 to US$144 per metric ton anticipated for 2024. Despite this price decline, analysts expect the supply surplus in 2025 to be moderate, with prices stabilizing between US$95-100 per metric ton. However, as the surplus expands in the following years (2026-2027), iron ore prices could experience a sharper decline.

    Voor meer, zie link:

    www.oreaco.com/steel/chinas-iron-ore-...
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