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Fortescue's Transition To Green Energy Rocked By Falling Iron Ore Prices, Executive Turnover
Thursday, June 20, 2024 - 8:43am | 483Fortescue Metals Group (OTCQX:FSUMF), one of the largest global iron miners, is navigating a prolonged turbulence. Its stock declined over 25% year-to-date as the thinning management team grapples with weakening ore prices as it steers the company toward the green energy space. The year 2023 was...
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Billionaire Andrew Forrest Invests $5M In A Cannabis-Focused Company
Monday, November 22, 2021 - 12:08pm | 669Mining industry billionaire Andrew Forrest recently recognized the potential of the burgeoning cannabis industry by taking a $5 million stake in a Perth-based health technology company Emyria (ASX: EMD), which focuses on new marijuana and psychedelic treatment. By investing $5...