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FVJ

9.43400 EUR
0.253
2.61%
Last update May 15, 7:30 PM CEST
Main market
Day range
9.43400
9.57300
Previous close
9.68700
Open
9.57300
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Fortescue Metals Group Ltd
9.43
0.25
2.61%

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
Germany
MIC code
XDUS
Main market

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