Fortescue (company)

Fortescue
	Ore-processing facility, Christmas Creek Mine, Pilbara
Company type	Public
Traded as	ASX: FMG
ISIN	AU000000FMG4
Industry	Metals, mining and energy
Founded	2003
Headquarters	Perth, Western Australia
Area served	Worldwide
Key people	Dino Otranto (CEO, Metals); Mark Hutchinson (CEO, Energy); Andrew Forrest (Executive Chairman) (majority shareholder)
Products	Iron ore, steel, gold, copper, lithium
Revenue	A$17.62 billion (2020)
Operating income	A$11.50 billion (2020)
Net income	A$6.50 billion (2020)
Total assets	A$48.05 billion (2020)
Total equity	A$26.41 billion (2020)
Number of employees	11,000+ (2020)
Subsidiaries	• Fortescue Energy ; • Fortescue Metals; • FMG Resources Pty Ltd; • Ncz Investments Pty Ltd; • Pilbara Gas Pipeline Pty Ltd; • The Nullagine Joint Venture; • FMG Resources (August 2006) Pty Ltd; • Chichester Metals Pty Limited; • FMG Magnetite Pty Ltd; • Pilbara Marine Pty Ltd; • FMG Pilbara Pty Ltd; • Karribi Developments Pty Ltd; • FMG Solomon Pty Ltd; • FMG Iron Bridge Limited ; • Fmg Pacific Limited
Website	www.fortescue.com

Fortescue is a global metal mining company headquartered in Australia. Fortescue focused on iron ore mining under the name of Fortescue Metals Group (FMG) until July 2023.^[2] As of 2017, Fortescue is the fourth-largest iron ore producer in the world.^[3] The company has holdings of more than 87,000 km² in the Pilbara region of Western Australia, making it the largest tenement holder in the state,^[4] larger than both BHP and Rio Tinto.^[5]

^ ^a ^b ^c ^d ^e ^f "30 June 2019 Full Year Results" (PDF). Fortescue. 26 August 2019. Archived (PDF) from the original on 17 March 2022. Retrieved 9 August 2022.
^ "'Fortescue Future Industries' to disappear as Forrest unites hydrogen and metals businesses under same brand name". 20 July 2023.
^ Largest Iron Ore Producers in the World in 2017. 10 April 2018. Retrieved 16 July 2018.
^ "Annual General Meeting 2010". Fortescue. 24 July 2011. Archived from the original on 24 July 2011. Retrieved 9 August 2022.
^ "Fortescue rejects Rio's Pilbara land swipe". Finance. 22 March 2011. Retrieved 9 August 2022.

[report-1] ^ ^a ^b ^c ^d ^e ^f "30 June 2019 Full Year Results" (PDF). Fortescue. 26 August 2019. Archived (PDF) from the original on 17 March 2022. Retrieved 9 August 2022.

[hydrogeninsight.com-2] "'Fortescue Future Industries' to disappear as Forrest unites hydrogen and metals businesses under same brand name". 20 July 2023.

[3] Largest Iron Ore Producers in the World in 2017. 10 April 2018. Retrieved 16 July 2018.

[4] "Annual General Meeting 2010". Fortescue. 24 July 2011. Archived from the original on 24 July 2011. Retrieved 9 August 2022.

[5] "Fortescue rejects Rio's Pilbara land swipe". Finance. 22 March 2011. Retrieved 9 August 2022.

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