How much is Fortescue Future Industries worth?

But investors can buy shares of the ASX-listed Fortescue which owns all of Fortescue Future Industries. Some experts believe that FFI is already worth tens of billions of dollars. According to reporting by the Australian Financial Review, Fortescue chair Andrew Forrest has been approached by investment banks.

Who is Fortescue Metals Group Ltd?

As of Aug 18 2023. Values delayed up to 15 minutes Fortescue Metals Group Ltd is an Australia-based company, which is a producer of iron ore. The Company is transitioning into a global green energy, metals and products company. Its segments include Metals and Fortescue Future Industries (FFI).

Does Fortescue have a depositary program?

Fortescue has a Level 1 American Depositary Receipt (ADR) program, which commenced trading on the OTC QX market in 2012. The conversion ratio under the depositary program is two Fortescue ASX listed ordinary shares to one depository receipt. The depositary bank for this program is Citigroup.

How do I reinvest my dividends in Fortescue Metals Group Ltd?

All enquiries relating to ADR holders’ accounts and payment of dividends should be directed to Fortescue’s depositary bank. Fortescue Metals Group Ltd’s Dividend Reinvestment Plan (DRP) provides shareholders with the option to automatically reinvest some or all their dividends in additional Fortescue shares.