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FMG

ASX
19.5 AUD
0.21
1.07%
Last update Aug 22, 3:59 PM AEST
Market closed
Day range
19.5
19.95000
Previous close
19.71000
Open
19.81000
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Fortescue Metals Group Ltd
19.50
0.21
1.07%

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 23 hours 43 minutes

07:16
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).