Introducing Twelve Converter! Real-time currency rates at your fingertips. Available on Android, iOS soon!

FMG

ASX
18.35000 AUD
0.65
3.42%
Last update Jul 25, 3:59 PM AEST
Market closed
Day range
18.31000
18.73000
Previous close
19
Open
18.44000
Access this stock data via API
Subscribe
Fortescue Metals Group Ltd
18.35
0.65
3.42%

Overview

Description

Fortescue Metals Group Ltd is a leading global producer of iron ore, primarily engaged in exploration, development, production, processing, and sale of iron ore. Headquartered in Perth, Western Australia, Fortescue plays a pivotal role in the iron ore industry, which is crucial for steel manufacturing globally. The company operates fully integrated mining operations, which include expansive mining hubs and a comprehensive rail and port infrastructure that allows efficient delivery to major Asian markets, such as China. Its commitment to sustainable and innovative mining practices, including the use of advanced technology and renewable energy, highlights Fortescue's focus on reducing its environmental impact. Additionally, Fortescue Metals has a significant presence in the sectors of construction and manufacturing, given iron ore's fundamental role in these industries. Its continuous investment in exploration and technological advancements positions Fortescue as an important player in the global commodities market, helping to shape supply dynamics within the international steel production chain.

About

CEO
Mr. Robert M. Tichio
Employees
15642
Address
256 St Georges Terrace
Ground Floo
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
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 18 hours 3 minutes

12:56
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
07:00 - 10:00
Main market
10:00 - 16:00
Post-market
16:00 - 16:12
All times are displayed in the Australia/Sydney timezone (AEST, UTC+10:00).