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Fortescue

Public
fortescue.com
Mining & Metals16,000+ employeesFounded 2003🇦🇺 Australia

We're a proud West Australian company, recognised for our culture, Values, innovation and industry leading development of infrastructure and mining assets. As one of the world's lowest cost iron ore producers, Fortescue is now shipping at an annual rate of over 180 million tonnes with more than 1.7 billion tonnes of iron ore delivered to our customers since 2008. Through our green energy and technology company FFI, we are rapidly diversifying our business to become an integrated, global green energy and resources company. Key to this transition are our industry leading targets to achieve carbon neutrality for Scope 1 and 2 emissions by 2030 and net zero Scope 3 emissions by 2040. For our size and scale, there is no other mining company in the world that is taking the action we are to eliminate emissions.

Founded
2003
Employees
16,000+
Industry
Mining & Metals
Company type
Public Company
Stock
asx: FMG.AX
Headquarters
🇦🇺Level 2, 87 Adelaide Terrace, East Perth, Western Australia 6004, Au (+1)
Specialties
Mining & MetalsEnergy & UtilitiesTechnologyMining
3 / 8
Active markets
Morocco · United Kingdom · United States
2
New markets
Ecuador · Indonesia
Medium
Confidence
mostly early signals
+50%
Momentum
vs prior period
40 / 100
Expansion Score
Developing
Stages3Exploring3Investing2Landing
5 signals · Last 90 days

Global expansion

Live
MoroccoUnited KingdomUnited States
Stages
ExploringInvestingLandingOperating
+5more marketsLocked
3 of 8 shown

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Activity pulse

New Partnerships activity — 3 fresh signals just appeared.

Last 90 days
Hiring
3Ended
Exec move
Marketing & PR
0
No activity
Product & Tech
0
No activity
+2more categoriesLocked
3 of 5 shown

Market entry timeline

The order this company entered each market — oldest to newest

1
🇺🇸United States1st market entered · 2023Advancing
Landing
5 signalsLanding stage
2
🇬🇧United Kingdom2nd market entered · 2024Advancing
Investing
9 signalsInvesting stage
3
🇲🇦Morocco3rd market entered · 2024Advancing
Investing
11 signalsInvesting stage
+5more marketsLocked
3 of 8 shown
Current stageLandingSetting up on the ground
Confidence41%Medium
Tracking since2023first signal

Recent signals

Partnership🇮🇩 Indonesia2w ago

XCMG Chairman Visits Indonesia and Australia

Partnership🇮🇩 Indonesia2w ago

XCMG Expands Global Partnerships in Indonesia, Australia

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Good to know

Frequently Asked Questions Regarding Fortescue

Quick answers about Fortescue's business, markets, and growth signals.

We're a proud West Australian company, recognised for our culture, Values, innovation and industry leading development of infrastructure and mining assets. As one of the world's lowest cost iron ore producers, Fortescue is now shipping at an annual rate of over 180 million tonnes with more than 1.7 billion tonnes of iron ore delivered to our customers since 2008. Through our green energy and technology company FFI, we are rapidly diversifying our business to become an integrated, global green energy and resources company. Key to this transition are our industry leading targets to achieve carbon neutrality for Scope 1 and 2 emissions by 2030 and net zero Scope 3 emissions by 2040. For our size and scale, there is no other mining company in the world that is taking the action we are to eliminate emissions.

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