ASX:FMG 25 April 2026 - 18 May 2026

Fortescue slides with ASX mining stocks ahead of Tuesday open
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Fortescue slides with ASX mining stocks ahead of Tuesday open

Fortescue Ltd shares dropped nearly 3% to A$21.95 on Monday amid a broad selloff in Australian miners, pulling the S&P/ASX 200 to a seven-week low. BHP and Rio Tinto also fell, down 2.8% and 3.6% respectively. Brent crude traded above $110 a barrel, while Singapore iron ore slipped 0.3%. Fortescue’s only new filing showed State Street Corporation holding 5.02% of its shares.
May 18, 2026
Rio Tinto Slips After China Move Rattles Miners
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Rio Tinto Slips After China Move Rattles Miners

Rio Tinto shares fell 1.4% to 7,655 pence in early London trading Monday, underperforming the FTSE 100 after weak Chinese industrial and retail data hit mining stocks. BHP and Fortescue also dropped in Australia as resource shares sold off. China’s April industrial output and retail sales missed forecasts, raising concerns over metals demand. Asian markets declined amid rising oil prices and regional tensions.
May 18, 2026
South32 drops 5%, Alaska project lifts copper outlook but cost concerns remain
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South32 drops 5%, Alaska project lifts copper outlook but cost concerns remain

South32 closed Friday at A$4.21, down 5.18%, ahead of Monday’s Australian session. The company faces higher capital costs at its Hermosa project in Arizona, now estimated at $3.3 billion, with first output delayed to late 2028. The Arctic Project in Alaska, a joint venture with Trilogy Metals, gained U.S. FAST-41 permitting status last week. Broader metals and mining shares also fell Friday amid weaker copper and gold prices.
May 17, 2026
Fortescue Shares Face Test After A$150 Million Court Loss
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Fortescue Shares Face Test After A$150 Million Court Loss

Fortescue shares closed Friday at A$22.60, down 1.7% for the day but up 6.3% for the week, as traders weigh a Federal Court order to pay the Yindjibarndi Ngurra Aboriginal Corporation A$150 million for cultural loss. The S&P/ASX 200 fell 0.12% Friday, with major miners also dropping. Fortescue shipped 48.4 million tonnes of iron ore in Q3 and maintained full-year guidance.
May 17, 2026
Australia Stock Market This Week: ASX 200’s Worst Week Since March as Oil Shock, Fortescue Selloff Bite
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Australia Stock Market This Week: ASX 200’s Worst Week Since March as Oil Shock, Fortescue Selloff Bite

The S&P/ASX 200 dropped 1.8% for the week, closing Friday at 8,786.50, its sharpest decline since mid-March. Cochlear plunged 40.7% after slashing its profit outlook, while CSL hit a multi-year low following the end of a U.S. military vaccine mandate. Miners also fell, offsetting gains in energy stocks driven by Middle East tensions.
April 25, 2026

Stock Market Today

  • UK Dairy Farms See Surge in ‘Battery Cow’ Intensive Farming Amid Cost Pressures
    May 26, 2026, 8:36 AM EDT. The UK has witnessed a more than doubling of intensive 'battery cow' dairy farms, which confine cows indoors year-round, rising to at least 180 units from 70 in 2015. The number of 'mega dairies' with over 700 cows also doubled to 40, driven by farmers facing soaring costs and selling milk below production cost, around 40p per litre. Despite environmental and welfare concerns linked to pollution, these large farms lack regulatory environmental permits. Major dairy processors like Arla, Müller, and Saputo profit amid struggling farmers. The trend reflects pressures on the dairy sector with calls for better oversight on factory-style production, concentrated mainly in regions like Devon, Cornwall, and Cheshire.