Company type | Public |
---|---|
ASX: FMG | |
ISIN | AU000000FMG4 |
Industry | Metals, mining and energy |
Founded | 2003 |
Headquarters | Perth, Western Australia |
Area served | Worldwide |
Key people | Dino Otranto (CEO, Metals) Mark Hutchinson (CEO, Energy) Andrew Forrest (Executive Chairman) (majority shareholder) |
Products | Iron ore, steel, gold, copper, lithium |
Revenue | A$17.62 billion (2020)[1] |
A$11.50 billion (2020)[1] | |
A$6.50 billion (2020)[1] | |
Total assets | A$48.05 billion (2020)[1] |
Total equity | A$26.41 billion (2020)[1] |
Number of employees | 11,000+ (2020)[1] |
Subsidiaries | • Fortescue Energy
• Fortescue Metals • FMG Resources Pty Ltd • Ncz Investments Pty Ltd • Pilbara Gas Pipeline Pty Ltd • The Nullagine Joint Venture • FMG Resources (August 2006) Pty Ltd • Chichester Metals Pty Limited • FMG Magnetite Pty Ltd • Pilbara Marine Pty Ltd • FMG Pilbara Pty Ltd • Karribi Developments Pty Ltd • FMG Solomon Pty Ltd • FMG Iron Bridge Limited • Fmg Pacific Limited |
Website | www.fortescue.com |
Fortescue is a global metal mining company headquartered in Australia. Fortescue focused on iron ore mining under the name of Fortescue Metals Group (FMG) until July 2023.[2] As of 2017, Fortescue is the fourth-largest iron ore producer in the world.[3] The company has holdings of more than 87,000 km2 in the Pilbara region of Western Australia, making it the largest tenement holder in the state,[4] larger than both BHP and Rio Tinto.[5]