22.10000 AUD
0.64
2.81%
Last update Dec 16, 3:59 PM AEDT
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22.98000
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Fortescue Ltd
22.10
0.64
2.81%

Overview

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Description

Fortescue Ltd is a diversified Australian resources company recognized for its significant role in iron ore mining and global resource development. Originally founded as Fortescue Metals Group Ltd, the firm's core operations focus on the exploration, production, processing, and sale of iron ore, particularly within the Pilbara region. Fortescue has expanded its portfolio to include the exploration of copper, lithium, gold, and rare earth elements, with projects spanning Australia, Africa, and Latin America. Beyond mining, Fortescue Ltd is progressively advancing initiatives in renewable energy, notably green hydrogen and green ammonia, as part of its commitment to industrial decarbonization. The company owns and operates extensive rail and port infrastructure to support its metals business, facilitating efficient supply chain and export capabilities. With a strong track record of profitability, substantial market capitalization, and robust dividend payments, Fortescue holds a pivotal position in the materials sector, influencing global steel production, energy transition, and sustainable industrial practices.

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
Common stock
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Country
Australia
MIC code
XASX
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