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Fortescue Metals Group Limited (FSUGY)

Other OTC - Other OTC Delayed Price. Currency in USD
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28.55-0.45 (-1.55%)
At close: 03:57PM EDT
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  • Reuters

    Australia's Fortescue pursues quantum leap in green hydrogen quest

    Fortescue Metals Group is funding research by a quantum computing venture into ways to produce cheap and abundant green hydrogen as part of the Australian mining giant's ambition to become the world's top green energy group. Founder Andrew Forrest told Reuters on the sidelines of the World Economic Forum in Davos that Fortescue is becoming a funding research partner of Qlimate initiative, backed by Silicon Valley-based PsiQuantum, which aims to build the world's first utility-scale quantum computer this decade. Quantum computing is "a rapidly-emerging technology that harnesses the laws of quantum mechanics to solve problems too complex for classical computers," IBM says on its website.

  • Bloomberg

    Billionaire Is Back at Fortescue Helm to Speed Clean Energy Push

    (Bloomberg) -- Billionaire Andrew Forrest will return to lead iron ore producer Fortescue Metals Group Ltd. under an overhaul of the firm’s management aimed at accelerating a push into clean energy. Most Read from BloombergUS Set to Block Russian Debt Payments, Raising Default OddsWalmart Flashes a Warning Sign to the Entire Consumer EconomyOnetime Richest Singapore Tycoon Has Lost 80% of His FortuneElon Musk Has a Bigger Problem Than Twitter Bots: A Huge Debt BurdenElon Musk Does Not Care About

  • Simply Wall St.

    Here's Why We Think Fortescue Metals Group (ASX:FMG) Is Well Worth Watching

    Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...