Fortescue (company)

Fortescue
Company typePublic
ASX: FMG
ISINAU000000FMG4
IndustryMetals, mining and energy
Founded2003
HeadquartersPerth, Western Australia
Area served
Worldwide
Key people
  • Dino Otranto (CEO, Metals)
  • Mark Hutchinson (CEO, Energy)
  • Andrew Forrest (Executive Chairman) (majority shareholder)
ProductsIron ore, steel, gold, copper, lithium
Revenue A$17.62 billion (2020)
A$11.50 billion (2020)
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
Websitewww.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. As of 2017, Fortescue is the fourth-largest iron ore producer in the world. The company has holdings of more than 87,000 km2 (34,000 square miles) in the Pilbara region of Western Australia, making it the largest tenement holder in the state, larger than both BHP and Rio Tinto.