What is Fortescue Metals Group Ltd?

Data delayed at least 20 minutes, as of Jul 05 2023 07:10 BST. 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).

What is Fortescue Future Industries (FFI)?

The Company is transitioning into a global green energy, metals and products company. Its segments include Metals and Fortescue Future Industries (FFI). The Metals segment is engaged in exploration, development, production, processing, sale and transportation of iron ore, and the exploration for other minerals.

Will Fortescue become a green energy supplier?

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. Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of FMG’s competitive advantage.

What does Fortescue do?

Fortescue owns and operates a fully integrated infrastructure and supply chain, including five-berth Herb Elliott Port in Port Hedland; the Judith Street... Fortescue maintains its commitment to sustainability, decarbonisation and the green ene.. Le PDG de Rio Tinto rencontre les dirigeants de la nouvelle société chinoise d'achat de..