Equities
Basic MaterialsIndustrial Metals and Mining
  • Price (USD)14.14
  • Today's Change0.46 / 3.36%
  • Shares traded3.22k
  • 1 Year change+13.57%
  • Beta--
Data delayed at least 15 minutes, as of Dec 07 2022 15:08 GMT.
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About the company

Fortescue Metals Group Ltd (Fortescue) is an Australia-based company engaged in iron ore mining. The Company is engaged in development of infrastructure and mining assets. It is focused on exploration, development, production, processing, and sale of iron ore. Fortescue owns and operates a fully integrated infrastructure and supply chain, including five-berth Herb Elliott Port in Port Hedland; the Judith Street Harbour towage infrastructure and the heavy-haul railway covering 620 kilometers of track. Fortescue is also developing the Eliwana Mine and Rail Project and the Iron Bridge Magnetite Project. It is also focused on Paterson and Rudall projects in Western Australia and a drilling program at Vulcan South on the Tasman Resources Joint Venture project in South Australia. Fortescue activities include drilling programs in Argentina and exploration activities over several project areas in Chile, Brazil and Ecuador. It also operates The Solomon Hub in the Hamersley Ranges.

  • Revenue in AUD (TTM)25.97bn
  • Net income in AUD9.25bn
  • Incorporated1983
  • Employees10.16k
  • Location
    Fortescue Metals Group LtdLevel 2 87 Adelaide Terrace, East PerthPERTH 6004AustraliaAUS
  • Phone+61 86218-8888
  • Fax+61 86218-8880
  • Websitehttps://www.fmgl.com.au/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
FMG:ASX since
announced
Transaction
value
Williams Advanced Engineering LtdDeal completed23 Jan 202223 Jan 2022Deal completed1.10%222.29m
Data delayed at least 20 minutes, as of Dec 07 2022 05:10 GMT.
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