Fortescue Metals Group



Company Name : Fortescue Metals Group
Category : Public
Industry : Mining
Founded : 2003
Headquarters : Perth
Product : Iron ore
Website : www.fmgl.com.au
Company Email : fmgl@fmgl.com.au
Facebook Url : Not Mentioned
Twitter Url : Not Mentioned
Address : Level 2, 87 Adelaide Terrace
East Perth WA

Company Description

Fortescue Metals Group is an Australian iron ore mining company. 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. It is listed as FMG on the Australian Securities Exchange. In 2008, the group loaded its first iron ore shipment bound for China. Fortescue have at least 10 Chinese steel mill contracts lasting for around 10 years. Baosteel was the first company to receive their iron ore.

Fortescue Metals Group (FMG) is a leading Australian iron ore producer, supplying iron ore to customers in Australia, China, Japan and South Korea. FMG is one of the world’s largest producers of iron ore and is the third largest producer of iron ore in Australia. FMG is headquartered in Perth, Western Australia, and has operations in the Pilbara region of Western Australia. FMG was founded in 2003 by Andrew Forrest and is now one of the world’s leading producers of iron ore. The company has grown rapidly over the past decade, increasing its production from around 15 million tonnes of iron ore in 2004 to over 170 million tonnes in 2018. FMG is now one of the largest iron ore producers in the world and is the largest producer of iron ore in Australia.

FMG’s operations are focused in the Pilbara region of Western Australia, where it operates four mines, two ports and a rail network. The company has a number of large-scale projects in the region, including the Solomon Hub, which is the largest iron ore mine in the world and is expected to produce up to 95 million tonnes of iron ore annually.

FMG is also involved in a number of other activities outside of iron ore production, including the development of renewable energy projects and the development of infrastructure in the Pilbara region. The company is also involved in the development of the Pilbara Infrastructure Fund, which is a joint venture between FMG and the Australian Government. The fund is designed to help finance infrastructure projects in the Pilbara region. FMG is a publicly listed company on the Australian Stock Exchange and is one of the world’s leading iron ore producers. The company has a strong focus on safety and environmental management and is committed to delivering sustainable development in the Pilbara region. FMG is a major contributor to the Australian economy and is an important part of the Australian mining industry.

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