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Fortescue (company)

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1109:, in the Pilbara. The Federal Court was informed that a ceremony traditionally used to reconcile the Yindjibarndi people of the Pilbara after disputes has now been impacted by a division among the traditional owners. During the court hearing on-country, a visibly upset Yindjibarndi elder testified before the Federal Court that Fortescue Metals Group had "stolen" and "destroyed" Yindjibarndi land. Yindjibarndi elder Stanley Warrie wept as he directed Federal Court judge Stephen Burley to observe the red land, now marred by Fortescue’s large metal pipes on the outskirts of its iron ore pit. Warrie told the Federal Court “Fortescue has stolen the land...This is my religion, and it’s been destroyed, my stories, my life. Yindjibarndi land is where my religion is.” 517:, in May 2009. Subsequent expansion projects have lifted production capacity to 50 million tonnes per annum. The operations at Christmas Creek are undergoing expansion and in late 2010 a fifty-kilometre extension to the existing Port Hedland to Cloudbreak rail line was completed to transport the ore to Cloudbreak. The first ore-processing facility (OPF) was commissioned at Christmas Creek in April 2011 with a second OPF commissioned in 2012. As part of the second expansion, a number of additional infrastructure projects were completed, including a 6.3-kilometre (3.9 mi) overland conveyor, a new airstrip, an expansion of the power plant and increasing capacity at the operations village to 1,600 rooms. 1072:, representing the Yindjibarndi Aboriginal Corporation in its negotiations with FMG, requested FMG compensate the Yindjibarndi community. In March 2011, FMG was accused of supporting a break-off group to divide the local Yindjibarndi community during negotiations for access to traditional Yinjibarndi land for the planned $ 8.5 billion Solomon Hub project. While the law firm admitted FMG has put compensation money up, it said it was insufficient in comparison with the profits that will be made from this mine on the client's traditional land, as well as the royalty (tax) amounts that have been paid to non-Aboriginal people. 618:. In 2009, the two companies entered into a 50-50 joint venture in which BC Iron manages mining, crushing and screening, and trucking while Fortescue is contracted to provide haulage and port services to the joint venture. In December 2012 Fortescue sold a 25% stake to BC Iron Ore for A$ 190 million and agreed to increase the available capacity to the NJV on Fortescue's rail and port infrastructure from the existing 5 million tonnes per annum (mtpa), to 6 mtpa for the life of the joint venture. 374: 4231: 727: 49: 366: 818: 3056: 40: 295: 275: 255: 235: 215: 1048:, where Fortescue (then FMG) acquired mining leases and has been mining since 2013. When Fortescue started planning the Solomon Hub, it entered negotiations with the Yindjibarndi Aboriginal corporation. However, the relationship deteriorated in 2007 when the Yindjibarndi people discovered that FMG had the legal authority to destroy their sacred sites and was doing so during the mine's construction. 2648: 544:
than 2.86 billion t (2.81 billion long tons; 3.15 billion short tons) of resource at the Solomon Hub and there are identified exploration prospects targeting up to 5 billion t (4.9 billion long tons; 5.5 billion short tons). In May 2013, Fortescue officially opened its 20-million-tonne-per-annum (mtpa)
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before the ore is stockpiled ahead of transport to port. The train loadout facility at Cloudbreak is capable of feeding 16,000 tonnes of ore per hour on the 2.7-kilometre-long (1.7 mi) trains ready for the journey along the 256-kilometre (159 mi) heavy-haul railway to the facilities at Herb Elliott Port.
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In May 2018 Fortescue announced a US$ 1.28 billion development of a new mine in the Pilbara at the Eliwana site. This expansion will include an additional 143 km of railway and a dry ore processing plant capable of processing 30 million tonnes a year. The new mine is expected to have an 18-year
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In reaching its target six months early, the company had signed 102 contracts and subcontracts with 50 businesses including $ 500 million worth of contracts with six Aboriginal joint ventures and Morris Corporation representing the largest-ever package of contracts awarded to Aboriginal businesses.
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During the court case, a senior Yindjibarndi person testified that the land had been so disturbed that it no longer attracted birds, flora, fauna, and sources of traditional food. When asked why, the traditional owner pointed to a mine processing site and stated, “You can see what’s happening here,
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found in favour of FMG and Forrest, reversing the decision of the full bench of the Federal Court and agreeing with the original 2009 decision by Justice Gilmour. In his judgement, Justice Honour concluded that Fortescue's releases "correctly represented that there was an agreement, and that it was
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The court found that a Chinese framework agreement does not amount to a binding contract, in the natural meaning of the word. If found to have breached director's duties, Forrest faced the possibility of being banned as a director of an ASIC-listed company. FMG appealed against the decision, and in
630:. This brought Fortescue's ownership stakes up to nearly 20%. The acquisition of a controlling interest in Atlas Iron was planned to give Fortescue access to greater port capacity as well as additional higher-grade iron ore tenements. This also potentially allowed a move towards lithium production. 543:
Located in the middle of Fortescue's 87,000 km (34,000 sq mi) Pilbara tenement area, the Solomon Hub was Fortescue's next major project. It has almost twice the resource and less than half the strip ratio of the Chichester Hub. Fortescue's Exploration team has already delineated more
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The train load out (TLO) facility at Firetail was commissioned in November 2012 and the first ore was transported on the Fortescue Hamersley Rail Line in December 2012. In December 2012 Fortescue opened the 129-kilometre (80 mi) Solomon Railway that connects Solomon to Fortescue's mainline to
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appeal of that decision last year, and the state government issued the mining licenses to FMG in late November 2010. Both FMG and the YAC are now waiting on the results of a new appeal to the Full Bench of the Federal Court. The company estimated the extraction of 2.4 billion tons of ore over the
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After the corporation rejected FMG's royalty offer, the miner supported a breakaway group, the Wirlu-Murra Yindjibarndi Aboriginal Corporation, reportedly to facilitate Fortescue's approvals to mine. This group paid individuals $ 500 each to attend a meeting in 2010, where the deal was approved.
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removal is done using conventional blast, truck and shovel methods while specially designed surface miners cut and load the ore into trucks for transport to the run of mine stockpiles. Screening, crushing and desand plants at the Cloudbreak ore processing facility prepare and refine the product
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a $ 1.8 billion mining services contract for its Christmas Creek mine expansion. The Christmas Creek expansion increases the capacity of the Chichester operations to 95 million tons a year, and was a key component of the company's 155-million-tonne-a-year expansion plans.
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The court then visited another location—a rock shelter with evidence of occupation dating back 35,000 years—situated beneath an iron ore haulage road. Justice Burnley remarked that he wanted the court to note the "constant and audible sound of vehicles" during the visit.
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In late 2004 and early 2005, Fortescue chairman and then-CEO Andrew Forrest made a series of announcements that Fortescue had entered into "binding agreements" with three significant Chinese state-owned entities to build and finance infrastructure for the company. The
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Despite the early announcement, in 2008, the group loaded its first iron ore shipment bound for China. Fortescue have at least ten Chinese steel mill contracts lasting for around ten years. Baosteel was the first company to receive their iron ore.
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The project is expected create 1,900 construction jobs and 500 permanent full-time positions with production expected to commence in 2020. The Eliwana mine is part of Fortescue's strategy to move to a 60 per cent iron-grade product.
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Both parties agreed that compensation is owed. This was conveyed to the court during a week-long hearing at the town hall in Roebourne, the same location where negotiations between the Yindjibarndi people and
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in 2013 mined 40 million tonnes of iron ore a year. The horizontal nature of the deposits at Cloudbreak called for a new mining approach to those used at other mines which operate on vertical deposits of ore.
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business by the end of 2013. Fortescue had made the commitment in 2011 to award $ 1 billion in contracts to businesses at least 25% owned by Aboriginal Australians through its Billion Opportunities program.
1249: 1578: 2560: 935:. The first stage, due for completion in 2022, is expected to double the world's green hydrogen capacity. When the plant is completed, it is expected to be the largest of its type in the world. 2926: 171: 1863: 795:(the weight of the two 4,000-horsepower engines is extra). The railway is available to other miners for a fee. Atlas Exports has signed a commercial agreement to use the line and port. 455:, the Chichester Hub and Solomon Hub. Plans to develop a third, Western Hub were as of 2017 in developmental stage. In 2017 Fortescue started exploration of possible mining tenements in 2010: 968:
In March 2022, Fortescue Future Industries acquired UK-based Williams Advanced Engineering (WAE). As part of this acquisition, Fortescue and WAE will jointly develop the world first,
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to generate hydrogen to produce ammonium nitrate, mainly used as fertiliser and as a component in explosives, replacing the conventional manufacturing process which uses natural gas.
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took legal action against FMG and Forrest. Although an initial ruling by Justice John Gilmour in 2009 found Forrest hadn't acted in a misleading or deceptive manner, Chief Justice
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Of the contracts awarded, Fortescue said more than 80% were awarded to Aboriginal businesses that were at least half indigenous owned. Fortescue chairman Andrew Forrest told
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as a minority share holder. The project suffered from cost explosion, with the latest projection of A$ 4.87 billion being 30 per cent higher than the original estimate.
563:, was approved for construction in 2019 at a projected cost of A$ 417 million. The mine, located 15 km west of the Kings Valley mine, is scheduled to open in 2022. 2900: 2674: 2104: 1361: 2612: 1778: 798:
The railway parallels another iron ore railway, the BHP Billiton railway, for over 100 kilometres (62 mi). Fortescue had sought access to use this line, but
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to carry out mining on their land, despite them receiving permission from a larger local Aboriginal corporation, composed of most of the community leaders and
791:) trains up to 2.5 kilometres (1.6 mi) long carrying 29,000 tonnes (28,542 long tons; 31,967 short tons) of ore at a 40-tonne (39-long-ton; 44-short-ton) 685:
In 2017 Fortescue announced they were looking to diversify their portfolio by exploring for metals and minerals in South America and other parts of Australia.
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This move was also potentially giving Fortescue access to the North West Infrastructure joint venture. This venture was a collaboration between Atlas Iron,
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Some Yindjibarndi people have stated that the divisions among family and community members resulting from the Fortescue case may be irreparable.
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of the Federal Court of Australia overturned this decision in 2011, finding that FMG and its chairman and CEO, Andrew Forrest, had engaged in
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and other parts of Australia. FMG engages professional lobbyists to represent their interests to parliaments in multiple jurisdictions. In
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failed, and as of May 2022 the Yindjibarndi Aboriginal Corporation is as of May 2022 leading a native title compensation claim in the
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Prior to this, the Yindjibarndi Aboriginal Corporation (YAC) had lodged its opposition to the grant of the three licenses to the
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Fortescue maintains that it does not owe compensation to the Yindjibarndi people, arguing that the responsibility lies with the
4275: 3379: 3356: 1713: 1556: 1214: 3898: 2904: 1629: 1039: 538: 3726: 2975:"Fortescue Metals Group Limited : Fortescue awards largest ever parcel of contracts to Traditional Owners - 4-Traders" 2302: 1425: 1162:: "The depth of what the Indigenous people have achieved and the change in direction they're taking is really historic." 2956: 2489: 2388: 227: 2053: 1738: 3951: 2876: 2145: 1250:"'Fortescue Future Industries' to disappear as Forrest unites hydrogen and metals businesses under same brand name" 1002: 849: 1101:
In 2024, the case between Fortescue and Yindjibarndi people continued in the Federal Court. A hearing was held in
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in 2009, initially failing to win orders preventing the grant of the licenses. The YAC also failed in its initial
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In 2020, Fortescue Future Industries was created to produce energy in several countries, starting with the 60 MW
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this infrastructure.” He further explained that trucks and cars used at the mine site had disrupted the land.
3453: 3172: 3047: 2048: 2015: 1076: 2698:"Sadness, anger as billionaire miner's legal battle with the Yindjibarndi puts native title rights on trial" 2146:"Plug Power to Partner with Fortescue Future Industries to Manufacture Electrolyzer Technology in Australia" 1124:, which granted the tenements. The WA government disagrees, asserting that the miner is solely responsible. 594:, located 145 kilometres south of Port Hedland, is projected to produce 22 million tonnes of high-grade 67% 3799: 3332: 2250: 1102: 1044:
Since 2008 Fortescue have been in a legal battle with the traditional owners of the Solomon Mine area, the
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at Solomon. In December 2013, the company announced it had achieved first production from its 40 mtpa
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In July 2023 Fortescue Metals Group and Fortescue Future Industries were combined to form Fortescue.
705:"We continue to undertake early-stage, low-cost exploration on copper gold prospective tenements in 3448: 3197: 1083:, asserting that FMG have been mining on Yindjibarndi land without an agreement. According to the 3912: 3573: 3528: 3287: 3247: 3217: 3212: 2124:"New $ 1 billion-plus project in Queensland to double world's green hydrogen production capacity" 1062: 998: 413: 644:
In October 2018, however, Atlas was acquired by Redstone Resources, a fully owned subsidiary of
3025: 1148: 776: 657: 2251:"Mining Firm Building World's Most Efficient Electric Train That Charges Itself Using Gravity" 3112: 1053: 2561:"FMG is still waiting on a Federal Court decision over native claims at its Solomon project" 1615: 962: 4076: 4017: 3878: 3843: 3804: 3773: 3749: 3598: 3583: 2632: 900: 747: 743: 510: 480: 57: 961:
In November 2021 it was announced that Fortescue Future Industries would build a plant in
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The railway's 240-wagon iron ore trains are amongst the heaviest trains in the world. The
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in June 2018. Named after Amanda Bennell, a long-term Aboriginal employee with Fortescue.
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As of 2023, Fortescue has not provided any compensation or received permission from the
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announced the company had achieved its target of awarding $ 1 billion in contracts to
4150: 4047: 4037: 3862: 3503: 3488: 3443: 3413: 3398: 3207: 3147: 2276:"FORTESCUE METALS GROUP AND ANDREW FORREST SUCCEED IN HIGH COURT APPEAL AGAINST ASIC" 1534: 943: 735: 549: 521: 452: 405: 144: 4285: 4187: 4095: 3809: 3649: 3593: 3553: 3498: 3438: 3267: 3137: 3132: 3102: 1389:"Look, no offsets: Fortescue refines green energy plans as it heads to "real zero"" 1178: 947: 287: 1633: 1105:
and at a sacred site on Yindjibarndi country, called Bangkangarra, located in the
672:. The initial quantity of ore to be exported is 2 million tonnes of ore per year. 4027: 3992: 3972: 3967: 3883: 3618: 3563: 3493: 3473: 3408: 3327: 3192: 3162: 2901:"Fortescue awards $ 1bn in contracts to Indigenous companies - Australian Mining" 1106: 833:
with an eighth currently in construction. Four of the carriers were built by the
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In June 2018 Fortescue announced the purchase of 15% of junior iron ore miner
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is Executive Chairman and owns a third of the company. Dino Otranto is the
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next 40 years, worth $ 280 billion, offering less than a deal struck by
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Former Chief Executive Elizabeth Gaines is now global brand ambassador.
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and have assessed high-potential, early-stage exploration tenements in
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of Fortescue's Metals division (Aug 2023–), and Mark Hutchinson is the
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in the view of the parties binding from the time of board approval".
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BC Iron is a much smaller mining company with iron ore deposits at
603: 389: 187: 3684: 3628: 3578: 3317: 3297: 3292: 3282: 3272: 2826:"Fortescue has 'stolen' and 'destroyed' Yindjibarndi land: elder" 2800:"Fortescue has 'stolen' and 'destroyed' Yindjibarndi land: elder" 2774:"Fortescue has 'stolen' and 'destroyed' Yindjibarndi land: elder" 2748:"Fortescue has 'stolen' and 'destroyed' Yindjibarndi land: elder" 2508:"Fortescue has 'stolen' and 'destroyed' Yindjibarndi land: elder" 2431:"Fortescue chief Andrew 'Twiggy' Forrest exits; court case looms" 841: 714: 694: 661: 475:, the Chichester Hub is made up of Fortescue's flagship minesite 472: 448: 401: 203: 61: 39: 598:
per annum. The project is a joint venture between Fortescue and
3403: 3237: 3202: 2671:"Slater & Gordon backs Yindjibarndi Aboriginal Corporation" 690: 669: 199: 122: 118: 114: 1739:"Cost of Fortescue's Iron Bridge project shoots up once again" 987: 972:
electric Infinity Train that charges itself using the Earth's
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and a new port at Point Anderson (aka Herb Elliot Port) near
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The group has two main areas of operation located within the
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The company has built a mine, a 260-kilometre (162 mi)
357: 3262: 2673:. Slater & Gordon Lawyers. 8 April 2011. Archived from 1688:"Fortescue Metals to develop $ 1.7b iron ore project in WA" 686: 195: 2363:"Andrew Forrest wins leave to appeal Federal Court ruling" 829:
As of June 2018 Fortescue has an operating fleet of seven
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lifespan and will be funded from the company's cash flow.
463:, they are represented by Spring Street Advisory Pty Ltd. 3734: 3428: 3122: 2894: 2892: 2890: 2428: 2079:"Fortescue's seventh ore carrier arrives in Port Hedland" 1838:"Why 'Twiggy' Forrest wants to stop a corporate marriage" 1448:"Forrest takes back the top job at Fortescue in shake-up" 1362:"Exodus? Ha! New FMG boss claims 'industry-low turnover'" 1336:"Forrest takes back the top job at Fortescue in shake-up" 1013:
and breached the continuous disclosure provisions in the
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company headquartered in Australia. Fortescue focused on
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Companies listed on the Australian Securities Exchange
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Also in October 2021, Fortescue Future Industries and
1244: 1242: 2409: 1714:"Fortescue considers taking backseat at Iron Bridge" 1017:, by claiming to have binding contracts with China. 717:, where Fortescue was granted 32 exploration areas." 2613:"FMG's Andrew Forrest faces human rights complaint" 2011:"Fortescue opens the world's heaviest haul railway" 1812:"Fortescue makes a move on junior miner Atlas Iron" 2950: 2948: 1239: 995:Australian Securities & Investments Commission 908:Fortescue Future Industries (Now Fortescue Energy) 3378: 2319: 919:In October 2021, Fortescue Future Industries and 742:. The Fortescue rail line has a flyover over the 4257: 2341: 2945: 2412:"ASIC v Fortescue Metals Group Ltd and Forrest" 2360: 2344:"Ruling leaves Andrew Forrest out of the woods" 2270: 2268: 1579:"Fortescue celebrates opening of Firetail Mine" 1265:Largest Iron Ore Producers in the World in 2017 668:with a road and railway to an existing port of 1894:"Atlas Iron : Removal from Official List" 1557:"Macmahon wins major Christmas Creek contract" 1065:that would provide $ 2 billion over 40 years. 559:A third operation within the Solomon hub, the 3711: 3364: 3033: 2041: 1784:. Fortescue. 10 December 2012. Archived from 1525: 1523: 1521: 1519: 1169:people has globally marred their reputation. 660:inked in an agreement to develop iron ore at 3936:(Parker Point & East Intercourse Island) 2927:"Fortescue meets Aboriginal contract target" 2265: 2004: 2002: 2000: 1471: 1314:"Fortescue rejects Rio's Pilbara land swipe" 513:, 50 kilometres (31 mi) to the east of 27:Iron ore mining company in Western Australia 4281:Companies based in Perth, Western Australia 2610: 1571: 1445: 1165:However, Fortescue's 20 year conflict with 988:Misleading and deceptive conduct court case 179:(Executive Chairman) (majority shareholder) 3718: 3704: 3371: 3357: 3040: 3026: 2977:. 4 Traders. 6 August 2013. Archived from 2170: 1981:. Fortescue. 19 April 2018. Archived from 1516: 1472:Serapio, Jr., Manolo (27 September 2017). 1033: 848:. The rest of the fleet is being built by 807:electronically controlled pneumatic brakes 730:Map showing route of the Fortescue railway 675: 2429:Hargovan, Assoc Prof Anil (2 June 2011). 2337: 2335: 2196: 2121: 2102: 2008: 1997: 1386: 1290:. Fortescue. 24 July 2011. Archived from 4266:Australian companies established in 2003 3660:Mount Lyell Mining & Railway Company 2954: 2877:"$ 1b in work for Aboriginal businesses" 1855: 1411: 1409: 1209: 1207: 1205: 1203: 1201: 1199: 1138: 816: 725: 377:FMG iron ore train on Turner River, 2008 372: 364: 2898: 2628:"FMG native title meeting a 'shambles'" 2532: 2354: 2320:Sexton, Elizabeth (29 September 2011). 2303:"High Court ends long row on Fortescue" 2278:. Corrs. 3 October 2012. Archived from 2223: 1711: 779:) heavy-haul railway is used by 35,200- 14: 4291:Iron ore mining companies of Australia 4258: 2695: 2443: 2332: 2300: 1654: 1415: 3699: 3352: 3021: 2625: 2558: 2361:Burrell, Andrew (29 September 2011). 2342:Hewett, Jennifer (24 December 2009). 2126:. Australian Broadcasting Corporation 2103:Parkinson, Giles (11 November 2020). 2073: 2071: 1861: 1681: 1679: 1406: 1196: 1040:Kings Valley mine (Western Australia) 539:Kings Valley mine (Western Australia) 333:• FMG Resources (August 2006) Pty Ltd 4311:Iron ore mining in Western Australia 4170: 4133: 3753:(Nelson Point & Finucane Island) 3727:Iron ore mining in Western Australia 2446:"It was a tough job, says D'Aloisio" 2197:Parkinson, Giles (11 October 2021). 2122:Parkinson, Giles (10 October 2021). 1835: 1809: 1685: 931:equipment manufacturing facility in 805:The FMG railway uses the up-to-date 3013:Fortescue Future Industries website 2490:"Fortescue loads iron ore shipment" 2171:Colasimone, Dan (11 October 2021). 1925: 1426:Australian Broadcasting Corporation 1387:Parkinson, Giles (28 August 2023). 585: 520:In January 2013, Fortescue awarded 24: 3952:Hamersley & Robe River railway 2903:. Mining Australia. Archived from 2646: 2224:Collins, Leigh (4 November 2021). 2152:. Plug Power, Inc. 14 October 2021 2068: 1803: 1712:Ballard, Henry (11 January 2022). 1676: 1227:from the original on 17 March 2022 504: 442: 25: 4322: 2997: 2955:Davidson, Helen (6 August 2013). 2696:Mercer, Daniel (13 August 2023). 2301:Yeates, Clancy (3 October 2012). 1612:"FMG pushes 175 - MiningNews.net" 1609: 1446:van Leeuwen, Hans (17 May 2022). 812: 721: 651: 466: 4230: 4229: 3054: 2464:"Forrest wins High Court appeal" 2433:. University of New South Wales. 1955:. Fortescue. n.d. Archived from 1559:. Mining Weekly. 22 January 2013 1215:"30 June 2019 Full Year Results" 855:The current operating fleet is: 850:Guangzhou Shipyard International 294: 293: 274: 273: 254: 253: 234: 233: 214: 213: 47: 38: 4306:Companies in the S&P ASX 50 2967: 2919: 2899:Latimer, Cole (6 August 2013). 2869: 2844: 2818: 2792: 2766: 2740: 2715: 2689: 2663: 2640: 2619: 2604: 2578: 2552: 2533:Maxwell, Rudi (12 April 2024). 2526: 2500: 2482: 2456: 2444:Kitney, Damon (30 March 2011). 2437: 2422: 2414:. Carter Newell. Archived from 2403: 2373: 2313: 2294: 2243: 2217: 2190: 2164: 2138: 2115: 2096: 2035: 1971: 1945: 1919: 1908: 1886: 1862:Hosie, Ewen (18 October 2018). 1829: 1771: 1757: 1731: 1705: 1648: 1622: 1603: 1549: 1491: 1465: 1439: 1184:Williams Grand Prix Engineering 1011:misleading or deceptive conduct 566: 335:• Chichester Metals Pty Limited 4296:Holding companies of Australia 3173:Fisher & Paykel Healthcare 2387:. 8 March 2011. Archived from 2253:. IndianWeb2.com. 4 March 2022 2042:Nick Kingsley (1 March 2007). 1655:Newell, Daniel (22 May 2019). 1380: 1354: 1328: 1306: 1280: 1256: 1085:National Native Title Tribunal 982: 528: 343:• Karribi Developments Pty Ltd 329:• Pilbara Gas Pipeline Pty Ltd 13: 1: 4276:Mining companies of Australia 3454:Energy Resources of Australia 3380:Mining companies of Australia 2611:Lloyd Jones (18 April 2011). 2049:Railway Gazette International 2019:. p. 427. Archived from 2016:Railway Gazette International 1288:"Annual General Meeting 2010" 1220:. Fortescue. 26 August 2019. 1189: 1077:Indigenous Land Use Agreement 1075:In 2021 negotiations over an 621: 486: 419: 331:• The Nullagine Joint Venture 2626:Cowie, Tom (11 April 2011). 2559:Evans, Nick (8 April 2011). 2410:Jorrs, Cameron; Miers, Tom. 2044:"Fortescue goes its own way" 1836:Gray, Darren (8 June 2018). 1810:Gray, Darren (7 June 2018). 1686:Gray, Darren (28 May 2018). 590:Scheduled to open 2022, the 471:Located in the heart of the 7: 2830:Australian Financial Review 2804:Australian Financial Review 2778:Australian Financial Review 2752:Australian Financial Review 2512:Australian Financial Review 1765:Australian Financial Review 1452:Australian Financial Review 1416:Lannin, Sue (25 May 2022). 1340:Australian Financial Review 1172: 809:for all its rolling stock. 491:Fortescue's first minesite 10: 4327: 3479:International Ferro Metals 1037: 609: 570: 532: 347:• FMG Iron Bridge Limited 4225: 4163: 4124: 4104: 4088: 4069: 4060: 3960: 3944: 3920: 3911: 3871: 3855: 3836: 3827: 3782: 3761: 3742: 3733: 3637: 3386: 3083: 3076: 2494:The Sydney Morning Herald 2307:The Sydney Morning Herald 1842:The Sydney Morning Herald 1816:The Sydney Morning Herald 1692:The Sydney Morning Herald 392:mining under the name of 353: 327:• Ncz Investments Pty Ltd 315: 305: 285: 265: 245: 225: 209: 183: 160: 150: 136: 128: 110: 96: 78: 68: 46: 37: 3449:Copper Mines of Tasmania 2653:newsstore.fairfax.com.au 1316:. Finance. 22 March 2011 746:, and a crossing of the 681:Gold, copper and lithium 479:and the second minesite 436:of the Energy division. 369:FMG iron ore train, 2008 339:• Pilbara Marine Pty Ltd 4043:Western Turner Syncline 3529:Northern Star Resources 3288:Sydney Airport Holdings 3218:Northern Star Resources 3213:National Australia Bank 2009:John Kirk (July 2008). 1503:www.lobbyists.sa.gov.au 1034:Yindjibarndi legal case 916:at its Chichester Hub. 676:Diversifying production 337:• FMG Magnetite Pty Ltd 325:• FMG Resources Pty Ltd 4271:Fortescue Metals Group 4080:(SP1 & SP2 Berths) 1015:Corporations Act, 2001 954:. The plant would use 826: 731: 719: 658:Fortescue Metals Group 394:Fortescue Metals Group 378: 370: 56:-processing facility, 2586:"The West Australian" 1139:Aboriginal engagement 1054:Native Title Tribunal 1038:Further information: 820: 729: 703: 556:its port operations. 376: 368: 349:• Fmg Pacific Limited 345:• FMG Solomon Pty Ltd 341:• FMG Pilbara Pty Ltd 3774:Mount Newman railway 3599:Tiwest Joint Venture 3198:Magellan Global Fund 3066:   â†’ 1926:Serapio, Manolo Jr. 1143:In August 2013, CEO 1132:broke down in 2011. 950:production plant in 748:BHP Billiton railway 744:Mount Newman railway 697:were highlighted as 58:Christmas Creek Mine 4062:Hancock Prospecting 3847:(Herb Elliott Port) 3769:Goldsworthy railway 3604:Walkabout Resources 3589:Stonewall Resources 3569:Rio Tinto Aluminium 3469:Hancock Prospecting 3434:Bougainville Copper 3078:As of 28 April 2021 3053:←    2023:on 22 February 2016 1959:on 17 February 2018 1662:The West Australian 1537:on 10 December 2013 1366:The West Australian 1092:Yindjibarndi people 1070:Slater & Gordon 1046:Yindjibarndi people 1007:Raymond Finkelstein 974:gravitational force 646:Hancock Prospecting 321:• Fortescue Energy 307:Number of employees 34: 3614:Westgold Resources 3484:Leigh Creek Energy 3243:Ramsay Health Care 3093:Aristocrat Leisure 2205:. Mullumbimby, NSW 1896:. 21 November 2018 1618:on 2 January 2014. 1368:. 8 September 2023 1021:October 2012, the 963:RĂ­o Negro Province 933:Aldoga, Queensland 827: 821:Herb Elliot Port, 732: 561:Queens Valley mine 379: 371: 323:• Fortescue Metals 32: 4253: 4252: 4221: 4220: 4159: 4158: 4120: 4119: 4081: 4056: 4055: 3937: 3907: 3906: 3863:Fortescue railway 3848: 3823: 3822: 3754: 3693: 3692: 3504:Mineral Resources 3489:Macmahon Holdings 3444:Compass Resources 3439:Coal & Allied 3414:Aquarius Platinum 3399:Allegiance Mining 3346: 3345: 3208:Mineral Resources 3148:Commonwealth Bank 3071: 3052: 2659:on 13 April 2014. 2418:on 25 April 2012. 2282:on 13 August 2018 1868:Australian Mining 1768:25 July 2012, p26 1718:Australian Mining 1499:"Lobbyist Portal" 1068:On 8 April 2011, 956:PEM electrolysers 944:feasibility study 664:in north-eastern 656:In February 2023 550:Kings Valley mine 522:Macmahon Holdings 453:Western Australia 406:Western Australia 363: 362: 358:www.fortescue.com 145:Western Australia 16:(Redirected from 4318: 4233: 4232: 4168: 4167: 4164:Other operations 4131: 4130: 4096:Roy Hill railway 4079: 4067: 4066: 3935: 3918: 3917: 3846: 3834: 3833: 3752: 3740: 3739: 3720: 3713: 3706: 3697: 3696: 3650:Laguna Resources 3554:Pilbara Minerals 3499:Minara Resources 3373: 3366: 3359: 3350: 3349: 3268:Sonic Healthcare 3103:Auckland Airport 3067: 3058: 3048: 3042: 3035: 3028: 3019: 3018: 3009: 3008: 3006:Official website 2991: 2990: 2988: 2986: 2981:on 13 April 2014 2971: 2965: 2964: 2952: 2943: 2942: 2940: 2938: 2933:on 9 August 2013 2929:. Archived from 2923: 2917: 2916: 2914: 2912: 2907:on 15 April 2014 2896: 2885: 2884: 2883:. 6 August 2013. 2873: 2867: 2866: 2864: 2862: 2848: 2842: 2841: 2839: 2837: 2832:. 14 August 2023 2822: 2816: 2815: 2813: 2811: 2806:. 14 August 2023 2796: 2790: 2789: 2787: 2785: 2780:. 14 August 2023 2770: 2764: 2763: 2761: 2759: 2754:. 14 August 2023 2744: 2738: 2737: 2735: 2733: 2719: 2713: 2712: 2710: 2708: 2693: 2687: 2686: 2684: 2682: 2677:on 13 April 2014 2667: 2661: 2660: 2655:. Archived from 2644: 2638: 2637: 2623: 2617: 2616: 2608: 2602: 2601: 2599: 2597: 2592:on 10 April 2011 2588:. Archived from 2582: 2576: 2575: 2573: 2571: 2556: 2550: 2549: 2547: 2545: 2530: 2524: 2523: 2521: 2519: 2514:. 14 August 2023 2504: 2498: 2497: 2486: 2480: 2479: 2477: 2475: 2470:. 2 October 2012 2460: 2454: 2453: 2441: 2435: 2434: 2426: 2420: 2419: 2407: 2401: 2400: 2398: 2396: 2377: 2371: 2370: 2358: 2352: 2351: 2339: 2330: 2329: 2317: 2311: 2310: 2298: 2292: 2291: 2289: 2287: 2272: 2263: 2262: 2260: 2258: 2247: 2241: 2240: 2238: 2236: 2221: 2215: 2214: 2212: 2210: 2194: 2188: 2187: 2185: 2183: 2168: 2162: 2161: 2159: 2157: 2142: 2136: 2135: 2133: 2131: 2119: 2113: 2112: 2100: 2094: 2093: 2091: 2089: 2075: 2066: 2065: 2063: 2061: 2052:. Archived from 2039: 2033: 2032: 2030: 2028: 2006: 1995: 1994: 1992: 1990: 1985:on 19 April 2018 1975: 1969: 1968: 1966: 1964: 1953:"Our Operations" 1949: 1943: 1942: 1940: 1938: 1923: 1917: 1915:Belinga iron ore 1912: 1906: 1905: 1903: 1901: 1890: 1884: 1883: 1881: 1879: 1870:. Archived from 1859: 1853: 1852: 1850: 1848: 1833: 1827: 1826: 1824: 1822: 1807: 1801: 1800: 1798: 1796: 1790: 1783: 1775: 1769: 1761: 1755: 1754: 1752: 1750: 1735: 1729: 1728: 1726: 1724: 1709: 1703: 1702: 1700: 1698: 1683: 1674: 1673: 1671: 1669: 1652: 1646: 1645: 1643: 1641: 1632:. Archived from 1626: 1620: 1619: 1614:. Archived from 1607: 1601: 1600: 1598: 1596: 1590: 1584:. Archived from 1583: 1575: 1569: 1568: 1566: 1564: 1553: 1547: 1546: 1544: 1542: 1533:. Archived from 1531:"Chichester Hub" 1527: 1514: 1513: 1511: 1509: 1495: 1489: 1488: 1486: 1484: 1469: 1463: 1462: 1460: 1458: 1443: 1437: 1436: 1434: 1432: 1413: 1404: 1403: 1401: 1399: 1384: 1378: 1377: 1375: 1373: 1358: 1352: 1351: 1349: 1347: 1332: 1326: 1325: 1323: 1321: 1310: 1304: 1303: 1301: 1299: 1284: 1278: 1277: 1275: 1273: 1260: 1254: 1253: 1246: 1237: 1236: 1234: 1232: 1226: 1219: 1211: 1179:Pilbara railways 948:ammonium nitrate 774: 772: 771: 767: 764: 756: 592:Iron Bridge mine 586:Iron Bridge mine 509:Mining began at 300: 299:A$ 26.41 billion 297: 296: 290: 280: 279:A$ 48.05 billion 277: 276: 270: 260: 257: 256: 240: 239:A$ 11.50 billion 237: 236: 228:Operating income 220: 219:A$ 17.62 billion 217: 216: 106: 51: 42: 35: 31: 21: 4326: 4325: 4321: 4320: 4319: 4317: 4316: 4315: 4256: 4255: 4254: 4249: 4217: 4155: 4116: 4100: 4084: 4052: 4018:Mount Tom Price 3956: 3940: 3903: 3879:Christmas Creek 3867: 3851: 3819: 3778: 3757: 3729: 3724: 3694: 3689: 3633: 3619:Whitehaven Coal 3564:Regis Resources 3494:Magellan Metals 3474:Iluka Resources 3382: 3377: 3347: 3342: 3328:Woodside Energy 3323:WiseTech Global 3193:Macquarie Group 3163:Endeavour Group 3079: 3072: 3069:S&P/ASX 200 3046: 3004: 3003: 3000: 2995: 2994: 2984: 2982: 2973: 2972: 2968: 2953: 2946: 2936: 2934: 2925: 2924: 2920: 2910: 2908: 2897: 2888: 2875: 2874: 2870: 2860: 2858: 2850: 2849: 2845: 2835: 2833: 2824: 2823: 2819: 2809: 2807: 2798: 2797: 2793: 2783: 2781: 2772: 2771: 2767: 2757: 2755: 2746: 2745: 2741: 2731: 2729: 2721: 2720: 2716: 2706: 2704: 2694: 2690: 2680: 2678: 2669: 2668: 2664: 2645: 2641: 2624: 2620: 2609: 2605: 2595: 2593: 2584: 2583: 2579: 2569: 2567: 2557: 2553: 2543: 2541: 2531: 2527: 2517: 2515: 2506: 2505: 2501: 2488: 2487: 2483: 2473: 2471: 2462: 2461: 2457: 2442: 2438: 2427: 2423: 2408: 2404: 2394: 2392: 2391:on 22 July 2011 2379: 2378: 2374: 2359: 2355: 2340: 2333: 2318: 2314: 2299: 2295: 2285: 2283: 2274: 2273: 2266: 2256: 2254: 2249: 2248: 2244: 2234: 2232: 2222: 2218: 2208: 2206: 2195: 2191: 2181: 2179: 2169: 2165: 2155: 2153: 2144: 2143: 2139: 2129: 2127: 2120: 2116: 2101: 2097: 2087: 2085: 2083:www.fmgl.com.au 2077: 2076: 2069: 2059: 2057: 2040: 2036: 2026: 2024: 2007: 1998: 1988: 1986: 1979:"Port and Rail" 1977: 1976: 1972: 1962: 1960: 1951: 1950: 1946: 1936: 1934: 1924: 1920: 1913: 1909: 1899: 1897: 1892: 1891: 1887: 1877: 1875: 1874:on 1 March 2022 1860: 1856: 1846: 1844: 1834: 1830: 1820: 1818: 1808: 1804: 1794: 1792: 1791:on 4 March 2016 1788: 1781: 1777: 1776: 1772: 1762: 1758: 1748: 1746: 1737: 1736: 1732: 1722: 1720: 1710: 1706: 1696: 1694: 1684: 1677: 1667: 1665: 1653: 1649: 1639: 1637: 1636:on 21 June 2015 1628: 1627: 1623: 1610:Smith, Thomas. 1608: 1604: 1594: 1592: 1588: 1581: 1577: 1576: 1572: 1562: 1560: 1555: 1554: 1550: 1540: 1538: 1529: 1528: 1517: 1507: 1505: 1497: 1496: 1492: 1482: 1480: 1470: 1466: 1456: 1454: 1444: 1440: 1430: 1428: 1414: 1407: 1397: 1395: 1385: 1381: 1371: 1369: 1360: 1359: 1355: 1345: 1343: 1334: 1333: 1329: 1319: 1317: 1312: 1311: 1307: 1297: 1295: 1294:on 24 July 2011 1286: 1285: 1281: 1271: 1269: 1268:. 10 April 2018 1262: 1261: 1257: 1252:. 20 July 2023. 1248: 1247: 1240: 1230: 1228: 1224: 1217: 1213: 1212: 1197: 1192: 1175: 1141: 1107:Hamersley Range 1042: 1036: 990: 985: 921:Plug Power Inc. 910: 815: 769: 765: 762: 760: 759:4 ft  758: 754: 736:private railway 724: 711:New South Wales 707:South Australia 678: 654: 635:Brockman Mining 624: 612: 588: 575: 569: 541: 533:Main articles: 531: 511:Christmas Creek 507: 505:Christmas Creek 489: 481:Christmas Creek 469: 461:South Australia 445: 443:Mining projects 424:As of May 2022 422: 348: 346: 344: 342: 340: 338: 336: 334: 332: 330: 328: 326: 324: 322: 308: 298: 286: 278: 266: 259:A$ 6.50 billion 258: 250: 238: 230: 218: 175: 172:Mark Hutchinson 170: 163: 153: 102: 83: 64: 28: 23: 22: 15: 12: 11: 5: 4324: 4314: 4313: 4308: 4303: 4298: 4293: 4288: 4283: 4278: 4273: 4268: 4251: 4250: 4248: 4247: 4242: 4237: 4226: 4223: 4222: 4219: 4218: 4216: 4215: 4210: 4205: 4200: 4197:Karara railway 4190: 4185: 4180: 4174: 4172: 4165: 4161: 4160: 4157: 4156: 4154: 4153: 4148: 4143: 4137: 4135: 4128: 4122: 4121: 4118: 4117: 4115: 4114: 4108: 4106: 4102: 4101: 4099: 4098: 4092: 4090: 4086: 4085: 4083: 4082: 4073: 4071: 4064: 4058: 4057: 4054: 4053: 4051: 4050: 4045: 4040: 4035: 4030: 4025: 4020: 4015: 4010: 4005: 4000: 3995: 3990: 3985: 3980: 3975: 3970: 3964: 3962: 3958: 3957: 3955: 3954: 3948: 3946: 3942: 3941: 3939: 3938: 3930: 3924: 3922: 3915: 3909: 3908: 3905: 3904: 3902: 3901: 3896: 3891: 3886: 3881: 3875: 3873: 3869: 3868: 3866: 3865: 3859: 3857: 3853: 3852: 3850: 3849: 3840: 3838: 3831: 3825: 3824: 3821: 3820: 3818: 3817: 3812: 3807: 3802: 3797: 3792: 3786: 3784: 3780: 3779: 3777: 3776: 3771: 3765: 3763: 3759: 3758: 3756: 3755: 3746: 3744: 3737: 3731: 3730: 3723: 3722: 3715: 3708: 3700: 3691: 3690: 3688: 3687: 3682: 3677: 3672: 3667: 3662: 3657: 3655:Macarthur Coal 3652: 3647: 3641: 3639: 3635: 3634: 3632: 3631: 3626: 3621: 3616: 3611: 3606: 3601: 3596: 3591: 3586: 3581: 3576: 3571: 3566: 3561: 3556: 3551: 3546: 3544:Paladin Energy 3541: 3536: 3531: 3526: 3521: 3519:New Hope Group 3516: 3511: 3506: 3501: 3496: 3491: 3486: 3481: 3476: 3471: 3466: 3461: 3456: 3451: 3446: 3441: 3436: 3431: 3426: 3421: 3416: 3411: 3406: 3401: 3396: 3390: 3388: 3384: 3383: 3376: 3375: 3368: 3361: 3353: 3344: 3343: 3341: 3340: 3335: 3330: 3325: 3320: 3315: 3310: 3305: 3300: 3295: 3290: 3285: 3280: 3275: 3270: 3265: 3260: 3255: 3250: 3245: 3240: 3235: 3230: 3225: 3220: 3215: 3210: 3205: 3200: 3195: 3190: 3185: 3180: 3175: 3170: 3165: 3160: 3155: 3150: 3145: 3140: 3135: 3130: 3125: 3120: 3115: 3110: 3105: 3100: 3095: 3090: 3084: 3081: 3080: 3077: 3074: 3073: 3060:S&P/ASX 50 3050:S&P/ASX 20 3045: 3044: 3037: 3030: 3022: 3016: 3015: 3010: 2999: 2998:External links 2996: 2993: 2992: 2966: 2944: 2918: 2886: 2868: 2843: 2817: 2791: 2765: 2739: 2714: 2688: 2662: 2639: 2618: 2603: 2577: 2551: 2525: 2499: 2496:. 15 May 2008. 2481: 2455: 2450:The Australian 2436: 2421: 2402: 2372: 2367:The Australian 2353: 2348:The Australian 2331: 2326:Brisbane Times 2312: 2293: 2264: 2242: 2216: 2189: 2163: 2137: 2114: 2095: 2067: 2056:on 16 May 2012 2034: 1996: 1970: 1944: 1918: 1907: 1885: 1854: 1828: 1802: 1770: 1756: 1730: 1704: 1675: 1647: 1621: 1602: 1591:on 5 July 2013 1570: 1548: 1515: 1490: 1464: 1438: 1405: 1379: 1353: 1327: 1305: 1279: 1255: 1238: 1194: 1193: 1191: 1188: 1187: 1186: 1181: 1174: 1171: 1140: 1137: 1130:Andrew Forrest 1035: 1032: 989: 986: 984: 981: 929:green hydrogen 909: 906: 905: 904: 893: 887: 881: 875: 869: 863: 814: 813:Shipping fleet 811: 777:standard-gauge 723: 722:Infrastructure 720: 683: 682: 677: 674: 653: 652:Belinga, Gabon 650: 623: 620: 611: 608: 587: 584: 571:Main article: 568: 565: 530: 527: 506: 503: 488: 485: 468: 467:Chichester Hub 465: 444: 441: 426:Andrew Forrest 421: 418: 361: 360: 355: 351: 350: 319: 313: 312: 311:11,000+ (2020) 309: 306: 303: 302: 291: 283: 282: 271: 263: 262: 251: 246: 243: 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PerthNow. 2060:14 November 2027:14 November 1878:27 February 1122:state of WA 1001:and judges 983:Controversy 927:to build a 835:Yangzijiang 699:commodities 529:Solomon Hub 152:Area served 18:Solomon Hub 4260:Categories 4183:Iron Ridge 4178:Blue Hills 4126:Atlas Iron 4028:Paraburdoo 3993:Hope Downs 3973:Brockman 4 3968:Brockman 2 3884:Cloudbreak 3584:St Barbara 3534:OceanaGold 3509:Mineralogy 3419:Atlas Iron 3333:Woolworths 3313:Wesfarmers 3308:Transurban 2209:15 October 2182:15 October 2156:15 October 2130:12 October 1743:Mining.Com 1483:9 December 1190:References 1149:Aboriginal 1023:High Court 946:for a new 914:solar farm 802:declined. 628:Atlas Iron 622:Atlas Iron 515:Cloudbreak 498:Overburden 493:Cloudbreak 487:Cloudbreak 477:Cloudbreak 451:region of 420:Governance 404:region of 248:Net income 162:Key people 4146:Mt Webber 3913:Rio Tinto 3829:Fortescue 3795:Jimblebar 3574:Rio Tinto 3459:Fortescue 3278:Stockland 3248:Rio Tinto 3228:REA Group 3168:Fortescue 3128:BlueScope 3064:Australia 2937:12 August 2707:15 August 2474:2 October 1640:2 January 1541:2 January 1457:11 August 1145:Nev Power 1103:Roebourne 1063:Rio Tinto 793:axle load 789:short-ton 787:; 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Index

Solomon Hub


Ore
Christmas Creek Mine
Pilbara
Public
Traded as
ASX
FMG
ISIN
AU000000FMG4
Metals
mining
energy
Perth
Western Australia
Dino Otranto
Mark Hutchinson
Andrew Forrest
Iron ore
steel
gold
copper
lithium
Operating income
Net income
Total assets
Total equity
Subsidiaries

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