Fortescue Metals Group

Demand for the metals needed for the energy transition and a falling iron ore price are encouraging Rio Tinto and BHP to expand investment and production, analysts say, with the big dividends shareholders have come to expect likely to take a hit.

The world’s second-largest economy remains handicapped by zero-COVID policies, hampering iron ore demand. Sean Sequeira, Australian Eagle Asset Management chief investment officer, discusses the longer-term outlook amid increasing inflation pressures.

Anyone watching the Federal Budget would have seen Treasurer Josh Frydenberg deliver a “high-spending, Australia’s bouncing back” budget with some big-ticket items aimed to drive the country out of its pandemic doldrums. To be honest, there weren’t any real surprises in this budget; it appealed to all. But many pundits agree that the budget missed…

Finally, some positive action at AMP AMP Ltd (ASX:AMP): Management at AMP finally bowed to public pressure with Chairman David Murray, Director John Fraser and recently appointed CEO of AMP Capital Boe Pahari all stepping down over the weekend. Importantly, Debra Hazelton who is also a board member of the Treasury Corporation of Victoria will…

With dividends at risk in many companies, a surprising sector is emerging as a payout powerhouse – mining. It used to be a truism that the cyclicality of the mining industry worked against dividends, as did the need for large capital spending and reinvestment in mine expansion and exploration. But the strong cashflows of some…