The Fortescue Metals Group Limited (ASX: FMG) share price is climbing almost 4% today amid a significant increase in the price of iron ore.
At the time of writing, Fortescue shares are swapping hands for $18.045 apiece, a gain of 3.71%.
Fortescue is one of the world’s largest iron ore miners alongside BHP Group Ltd (ASX: BHP) and Rio Tinto Limited (ASX: RIO). Their share prices are up 1.08% and 1.71% respectively at the time of writing.
