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25 EUR
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Last update Dec 30, 12:20 PM CET
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Fortescue Metals Group Ltd. Sponsored ADR
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Overview

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Description

Fortescue Metals Group Ltd. Sponsored ADR represents the American Depositary Receipt for the shares of Fortescue Metals Group Ltd., a company based in Australia. The primary function of these ADRs is to allow US investors to trade shares in Fortescue as if they were trading a US stock, thus facilitating greater access and liquidity. Fortescue is one of the world's largest producers of iron ore, a critical raw material used in steel production, and it plays a significant role in the global commodities market. With its extensive mining operations primarily located in the Pilbara region of Western Australia, Fortescue has a substantial impact on the mining and metallurgical industries. The company is recognized for its commitment to innovation and sustainability, adopting advanced technologies and environmentally responsible practices in its operations. Fortescue Metals Group Ltd. Sponsored ADR enables investors to engage with one of the leading firms driving infrastructure and industrial development worldwide, thereby maintaining a pivotal presence in the commodities trading ecosystem.

About

CEO
Mr. Robert M. Tichio
Employees
16000
Address
256 St Georges Terrace
Ground Floor
Perth, 6000, WA
Australia
Phone
61 8 6218 8888
Website
Instrument type
American depositary receipt
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Country
Germany
MIC code
XBER
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Main market opens in 2 days 3 hours 39 minutes

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