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 Fe shares slump on advanced iron ore deal Fe shares slump on advanced iron ore deal Fe shares slump on advanced iron ore deal 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