Fortescue Ltd
Company Profile
Business description
Fortescue is an Australia-based iron ore miner. It has grown from obscurity start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 190 million metric tons in 2024 means Fortescue supplies around 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once its 22 million metric ton Iron Bridge magnetite mine ramps up, likely in 2026 or 2027. However, with longer-term demand likely to decline as China's economy matures, Fortescue's future margins are likely to be below historical averages. More recently, Fortescue diversified into green energy, with ambitions to become a major supplier of green hydrogen and green ammonia. Its efforts are early stage.
Contact
87 Adelaide Terrace
Level 2, East Perth
Perth WA 6004
AUST: +61 862188888
Sector
Basic Materials
Stock type
Cyclical
Industry
Other Industrial Metals & Mining
Fiscal Year End
30 June 2025
Employees
13,745
Fortescue Ltd News & Analysis
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Stocks
ETFs
- Australian ETFs
- Active Australian Equity ETFs
- Passive Australian Equity ETFs
- Emerging Market Equity ETFs
- Sustainable ETFs
- Active Global Equity ETFs
- Passive Global Equity ETFs
- Active Australian Fixed Interest ETFs
- Passive Australian Fixed Interest ETFs
- Active Australian Listed Property ETFs
- Passive Australian Listed Property ETFs
- Active Global Fixed Interest ETFs
- Passive Global Fixed Interest ETFs
- Active Global Infrastructure ETFs
- Passive Global Infrastructure ETFs
- Active Global Property ETFs
- Passive Global Property ETFs
Funds
- Active Australian Equity Funds
- Passive Australian Equity Funds
- Active Global Equity Funds
- Passive Global Equity Funds
- Sustainable Funds
- Emerging Market Equity Funds
- Passive Australian Listed Property Funds
- Active Australian Listed Property Funds
- Passive Global Infrastructure Funds
- Active Global Infrastructure Funds
- Active Global Property Funds
- Passive Global Property Funds
- Active Australian Fixed Interest Funds
- Passive Australian Fixed Interest Funds
- Active Global Fixed Interest Funds
- Passive Global Fixed Interest Funds
Markets
Index
|
Last price
|
Change
|
% Change
|
|---|---|---|---|
| All Ordinaries | 8,361.20 | 20.10 | 0.24% |
| CAC 40 | 7,506.68 | 57.24 | 0.77% |
| DAX 40 | 18,781.46 | 148.35 | 0.80% |
| Dow JONES (US) | 41,622.08 | 228.30 | 0.55% |
| FTSE 100 | 8,320.13 | 41.69 | 0.50% |
| HKSE | 17,660.02 | 237.90 | 1.37% |
| NASDAQ | 17,592.13 | 91.85 | -0.52% |
| Nikkei 225 | 36,203.22 | 378.54 | -1.03% |
| NZX 50 Index | 12,671.95 | 32.44 | -0.26% |
| S&P 500 | 5,633.09 | 0.00 | 0.00% |
| S&P/ASX 200 | 8,140.90 | 19.30 | 0.24% |
| SSE Composite Index | 2,704.09 | 13.03 | -0.48% |
Market Movers
Name
|
Last price
|
Change
|
% Change
|
|---|---|---|---|
| Telstra Group Ltd TLS | 4.02 | 0.01 | 0.25% |
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| Pilbara Minerals Ltd PLS | 2.85 | 0.03 | -1.04% |
| Red 5 Ltd RED | 0.33 | 0.01 | 1.54% |
| Sayona Mining Ltd SYA | 0.02 | 0.00 | 0.00% |
| Westgold Resources Ltd WGX | 2.67 | 0.09 | -3.26% |
| South32 Ltd S32 | 3.23 | 0.06 | 1.89% |
| Appen Ltd APX | 1.61 | 0.11 | 6.98% |
| Core Lithium Ltd CXO | 0.10 | 0.00 | -3.06% |