Stock FMG FORTESCUE LTD
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Company Fortescue Ltd

Equities

FMG

AU000000FMG4

Iron & Steel

Market Closed - Australian S.E.
Other stock markets
 02:10:44 2024-04-19 am EDT 		5-day change 1st Jan Change
24.6 AUD -1.99% Intraday chart for Fortescue Ltd -4.47% -15.23%
03:12am Australian shares face worst week in 19 months on US rate cut woes, geopolitical concerns RE
Apr. 17 KBR to Provide Green Ammonia Technology for Fortescue's Project in Norway MT

Business Summary

Fortescue Ltd, formerly Fortescue Metals Group Ltd, is an Australia-based integrated green technology, energy, and metals company. The Company operates through two segments: Metals, and Energy. The Metals segment is engaged in the exploration, development, production, processing, sale and transportation of iron ore, and the exploration for other minerals. The Energy segment is engaged in the development of green electricity, green hydrogen, and green ammonia projects. Through its growth project Iron Bridge and its interest in the Belinga Iron Ore Project in Gabon, it is investing in the growth of its iron ore business. Its integrated operations in the Pilbara include the Chichester, Solomon and Western mining hubs. Its mining infrastructure is connected to the five berth Herb Elliott Port and Judith Street Harbour towage facility in Port Hedland. The Solomon Hub in the Hamersley Ranges is located 60 kilometers (km) north of Tom Price and 120km to the west of the Chichester Hub.

Sales per Business

AUD in Million2022Weight2023Weight Delta
Metals
99.4 %
- - 24,922 99.4 % -
Energy
0.6 %
- - 159 0.6 % -

Sales per region

AUD in Million2022Weight2023Weight Delta
China
89.0 %
21,084 87.9 % 22,322 89.0 % +5.87%
Other
11.0 %
2,896 12.1 % 2,759 11.0 % -4.72%

Managers

Managers TitleAgeSince
John Forrest FOU
 Founder 62 03-03-31
Dino Otranto CEO
 Chief Executive Officer - 21-08-31
Apple Paget DFI
 Director of Finance/CFO - 22-12-31
Elizabeth Gaines BRD
 Director/Board Member - 13-02-21
Andrew Hamilton PRN
 Corporate Officer/Principal - 23-07-09
David Freeman PRN
 Corporate Officer/Principal - -
Jeffrey Farrell
- -
Christine Nicolau PRN
 Corporate Officer/Principal - -
Philip James McKeiver SEC
 Corporate Secretary - 22-01-31
Shelley Robertson PRN
 Corporate Officer/Principal - 23-09-30

Members of the board

Members of the board TitleAgeSince
Larry Marshall BRD
 Director/Board Member - 23-08-26
Elizabeth Gaines BRD
 Director/Board Member - 13-02-21
John Forrest FOU
 Founder 62 03-03-31
Mark Barnaba BRD
 Director/Board Member - 10-02-18
Usha Rao-Monari BRD
 Director/Board Member 65 Dec. 05
Jean Baderschneider BRD
 Director/Board Member - 15-01-18
Penny Bingham-Hall BRD
 Director/Board Member 64 16-11-15
Yi Fei Li BRD
 Director/Board Member - 22-07-31
Sebastian Coe BRD
 Director/Board Member 67 18-01-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 3,078,964,918 1,581,065,318 ( 51.35 %) 2,992,544 ( 0.0972 %) 51.35 %

Shareholders

NameEquities%Valuation
John Forrest
36.74 %
1,131,365,000 36.74 % 18 969 M $
Hunan State-Owned Assets Supervision & Admin. Commission
8.685 %
267,395,477 8.685 % 4 483 M $
Emichrome Pty Ltd.
3.022 %
93,045,000 3.022 % 1 560 M $
DFA Australia Ltd.
0.4317 %
13,291,057 0.4317 % 223 M $
BetaShares Capital Ltd.
0.1749 %
5,385,268 0.1749 % 90 M $
Uniting Ethical Investors Ltd.
0.1615 %
4,972,301 0.1615 % 83 M $
John William Cunningham
0.1299 %
4,000,000 0.1299 % 67 M $
ACATIS Investment Kapitalverwaltungsgesellschaft mbH
0.1248 %
3,843,888 0.1248 % 64 M $
State Street Global Advisors Ltd.
0.1152 %
3,546,354 0.1152 % 59 M $
Pacer Advisors, Inc.
0.0925 %
2,849,580 0.0925 % 48 M $
NameEquities%Valuation
Yousif Capital Management LLC
0.001754 %
27,002 0.001754 % 905 458 $
RhumbLine Advisers LP
0.001353 %
20,836 0.001353 % 698 694 $
CONSULTING TEAM Vermögensverwaltung AG
0.000650 %
10,000 0.000650 % 335 330 $
SVB Wealth LLC
0.000388 %
5,971 0.000388 % 200 226 $
Atlas Capital Advisors LLC
0.000215 %
3,306 0.000215 % 110 860 $
GAMMA Investing LLC
0.000086 %
1,318 0.000086 % 44 196 $
PNC Investments LLC
0.000007 %
111 0.000007 % 3 722 $
First Horizon Advisors, Inc.
0.000002 %
33 0.000002 % 1 107 $

Holdings

NameEquities%Valuation
ALTA COPPER CORP.
33.46%
 26,067,498 33.46% 8,836,882 $

Company contact information

Fortescue Ltd.

87 Adelaide Terrace Level 2

6004, East Perth

+61 8 6218 8888

http://www.fortescue.com
address Fortescue Ltd(FMG)

Sector

Basic Materials
Mineral Resources
Metals & Mining
Iron & Steel
Iron Ore Mining

Sales per Business

Sales per region

Ratings for Fortescue Ltd

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
16
Last Close Price
16.16 USD
Average target price
14.11 USD
Spread / Average Target
-12.71%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Iron Ore Mining

1st Jan change Capi.
FORTESCUE LTD Stock Fortescue Ltd
-15.23% 49.72B
VALE S.A. Stock Vale S.A.
-19.25% 50.96B
NMDC LIMITED Stock NMDC Limited
+11.73% 8.24B
KUMBA IRON ORE LIMITED Stock Kumba Iron Ore Limited
-21.55% 8.08B
SHOUGANG HIERRO PERU S.A.A. Stock Shougang Hierro Peru S.a.a.
+2.93% 6.08B
CSN MINERAÇÃO S.A. Stock CSN Mineração S.A.
-32.95% 5.47B
NMDC STEEL LIMITED Stock NMDC Steel Limited
+21.40% 2.23B
HAINAN MINING CO., LTD. Stock Hainan Mining Co., Ltd.
+15.93% 2.1B
HBIS RESOURCES CO., LTD. Stock HBIS Resources Co., Ltd.
+11.61% 1.69B
DETERRA ROYALTIES LIMITED Stock Deterra Royalties Limited
-8.54% 1.66B
Iron Ore Mining
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