Fortescue Ltd

• Country

  Australia

• Sector

  Materials

• Industry group

  Materials

• Industry

  Metals & Mining

• Sub-sector

  Materials

• Capitalization (millions of $)

  51819.5

• Ticker

  FSUGY.PK

• ISIN

  US34959A2069

• IPO date

  1987-03-19

• Availability on Russian exchanges

  No

• Reporting for

  2024-02-21

• Date fact. publication of reports

  2023-12-31

Fortescue Metals Group Limited (Fortescue) is an Australia-based company engaged in iron ore mining. The Company is focused on exploration, development, production, processing, and sale of iron ore. Fortescue owns and operates a fully integrated infrastructure and supply chain, including five-berth Herb Elliott Port in Port Hedland; the Judith Street Harbour towage infrastructure and the heavy-haul railway covering 620 kilometers of track. The Company is also developing the Eliwana Mine and Rail Project and the Iron Bridge Magnetite Project. Its Chichester Hub in the Chichester Ranges includes the Cloudbreak and Christmas Creek mines. The Solomon Hub in the Hamersley Ranges is located 60 kilometers north of Tom Price and 120 kilometers to the west of its Chichester Hub. It includes the Firetail and Kings Valley mines, which together have a production capacity of 75 million tons per annum (mtpa). Its Iron Bridge project is located over 145 kilometers south of Port Hedland.