Fortescue Ltd - Company Profile
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Fortescue Ltd (Fortescue) is a producer of iron ore. The company carries out the development, exploration, processing, and transportation of iron ore. It owns and operates mining assets in Pilbara, Western Australia. The company operates in Solomon Hub in the Hamersley Ranges and Chichester Hub in the Chichester Ranges. Fortescue operates various projects including Iron Bridge, Chichester Hub and Western Hub. It offers port and rail-built facilities through its Hedland operations. The company, through its subsidiaries, Fortescue Hydrogen Systems, Fortescue WAE, and Fortescue Future Industries (FFI), produces hydrogen, ammonia, and energy. Fortescue has mining assets in Australia, Argentina, Brazil, Chile, and Kazakhstan. It also operates heavy haul railway and Fortescue Ore Carriers at Port Hedland. Fortescue is headquartered in Perth, Western Australia, Australia.
Fortescue Ltd premium industry data and analytics
Products and Services
Products |
---|
Iron ore |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Corporate Changes/Expansions | In April, the company opened its electrolyzer manufacturing facility in Gladstone, Queensland, Australia. |
2024 | Contracts/Agreements | In April, Fortescue Energy partnered with OCP Group to form a joint venture to supply green hydrogen, ammonia, and fertilizers to Morocco, Europe, and international markets. |
2024 | Contracts/Agreements | In April, the company signed a contract with KBR Inc. to utilize its green ammonia technology, K-GreeN, for the Holmaneset green energy project in Norway. |
Competitor Comparison
Key Parameters | Fortescue Ltd | Rio Tinto | BHP Group Ltd | Anglo American Plc | CIMIC Group Ltd |
---|---|---|---|---|---|
Headquarters | Australia | United Kingdom | Australia | United Kingdom | Australia |
City | Perth | London | Melbourne | London | North Sydney |
State/Province | Western Australia | England | Victoria | England | New South Wales |
No. of Employees | 11,693 | 57,000 | 40,981 | 58,000 | 25,500 |
Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Andrew Forrest | Chairman | Executive Board | 2003 | - |
Dino Otranto | Chief Executive Officer | Senior Management | 2023 | - |
Deborah Caudle | Chief Financial Officer - Fortescue Energy | Senior Management | 2023 | - |
Apple Paget | Acting Chief Financial Officer | Senior Management | 2023 | - |
Shelley Robertson | Chief Corporate Officer | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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