M&A

Fe shares slump on advanced iron ore deal

FE Limited is going back to its roots, swapping a foray on Pilbara on battery metals and gold to Western Australian iron ore, but the move did not win market acclaim, with the junior losing 20% in value.

Fe shares slump on advanced iron ore deal

The Tony Sage-chaired company, which has bounced around the commodity space in recent years, beefed up its iron ore portfolio with a 51% purchase of the Yarram joint venture in the Northern Territory from...

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