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Fortescue (ASX:FMG) Loans Receivable : A$0 Mil (As of Dec. 2023)


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What is Fortescue Loans Receivable?

Fortescue's Loans Receivable for the quarter that ended in Dec. 2023 was A$0 Mil.


Fortescue Loans Receivable Historical Data

The historical data trend for Fortescue's Loans Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fortescue Loans Receivable Chart

Fortescue Annual Data
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Loans Receivable
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Fortescue Semi-Annual Data
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Fortescue Loans Receivable Calculation

Loans Receivable are the funds that a company has lent but have not yet been repaid.


Fortescue Loans Receivable Related Terms

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Fortescue (ASX:FMG) Business Description

Traded in Other Exchanges
Address
87 Adelaide Terrace, Level 2, East Perth, Perth, WA, AUS, 6004
Fortescue is an Australia-based iron ore miner. It has grown from obscurity start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 190 million metric tons in 2023 means Fortescue supplies nearly 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once it completes construction of its 22 million metric tons Iron Bridge magnetite mine. However, with longer-term demand likely to decline as China's economy matures, we expect Fortescue's future margins to be below historical averages. More recently, Fortescue diversified into green energy, with ambitions to become a major supplier of green hydrogen and green ammonia. Its efforts are early stage.

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