15.18
-2.00%
Close of 6 Nov 2026, in AUD
About Fortescue
Its shares trade on ASX under the ticker FMG.AX. It has been listed since 19 March 1987. In the fiscal year to 30 June 2026, it reported revenue of $17.34bn and net income of $2.93bn. At that date it held total assets of $32.54bn and shareholders' equity of $20.27bn.
Fortescue Metals Group Ltd. engages in the development of iron ore deposits. The company is headquartered in Perth, Western Australia. The firm is engaged in development of infrastructure and mining assets. The company 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. The company 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. The company also operates The Solomon Hub in the Hamersley Ranges.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 19 Mar 1987
- Employees
- 10,164
- Website
- fmgl.com.au ↗
Leadership
Pay as last reported
- Dr. John Andrew ForrestExecutive Chairman of the Board, since 2003$5,925
- Mr. Mark BarnabaIndependent Deputy Non-Executive Chairman of the Board$830,300
- Ms. Apple PagetGroup Chief Financial Officer$753,038
- Mr. Mark HutchinsonChief Executive Officer of Fortescue Energy$3.3m
- Mr. Dino OtrantoChief Executive Officer - Fortescue Metals$2.7m
- Ms. Shelley RobertsonChief Operating Officer$609,826
- Mr. Phil MckeiverChief General Counsel
- Ms. Elizabeth GainesExecutive Director and Global Ambassador of Fortescue, since 2013$692,992
- Ms. Navdeep GillCompany Secretary
- Dr. Larry MarshallLead Independent Non-Executive Director$166,084
- Mr. Noel PearsonNon-Executive Director
- Ms. Usha Rao-MonariNon-Executive Director$128,747
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 79
- Environment
- 83
- Social
- 99
- Governance
- 56
- Direct emissions (scope 1)
- 2,360,000 t
- Energy emissions (scope 2)
- 370,000 t
- Value chain emissions (scope 3)
- 269,310,000 t
- Women in the workforce
- 24%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Fortescue Metals Group Ltd (FMG) possesses several key strengths:
Weaknesses
- FMG faces certain weaknesses that could hinder its growth:
Opportunities
- FMG can leverage the following opportunities to enhance its position:
Threats
- FMG should be cautious regarding the following potential threats:
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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