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Fortescue

Fortescue

Mining / green energy, East Perth, WA

Fortescue Ltd (formerly Fortescue Metals Group) is an Australian iron ore mining company and one of the world's largest iron ore producers. It mines and ships iron ore from Western Australia's Pilbara region and is increasingly investing in green energy and decarbonisation.

Fortescue was founded in 2003 by Andrew Forrest, who took over and renamed Allied Mining and Processing, and made its first iron ore shipment to China in 2008. Headquartered in Perth, it operates large-scale mining, rail and port infrastructure in the Pilbara and ranks among the world's biggest iron ore producers, moving close to 200 million tonnes annually. Under its 'Real Zero' strategy, Fortescue is developing large-scale renewable-energy infrastructure and green-metal projects aimed at eliminating fossil-fuel emissions from its operations. It is listed on the Australian Securities Exchange.

Fast facts

Legal nameFortescue Ltd (formerly Fortescue Metals Group Limited)
TickerASX: FMG
HeadquartersEast Perth, WA
Founded2003
SectorMining / green energy
Revenue~US$18B (FY2025 est., ended 30 Jun 2025; not confirmed in gathered sources - verify against annual report)
Employees~10,000-17,000 (2025; figures vary by scope)
CEOAndrew Forrest (Founder & Executive Chairman); Dino Otranto (CEO Metals & Operations) - no single group CEO
Websitefortescue.com

Key facts

Frequently asked questions

What is Fortescue?
Fortescue is an Australian iron ore mining company and one of the world's largest iron ore producers, increasingly investing in green energy.
When was Fortescue founded?
It was founded in 2003 by Andrew Forrest.
Where is Fortescue headquartered?
It is headquartered in Perth, Western Australia.

Sources

Last verified 2026-07-13. Professionally-public, sourced information only.