Fortescue is focused on maximising throughput, bringing down costs, paying back debt and increasing shareholder value with the aim of being the safest, lowest cost,iron ore producer.
In 2014, Fortescue completed a US$9.2 billion expansion ahead of schedule increasing its capacity to 155 million tonnes per annum. The company has built four mines across its two operating hubs, called Chichester and Solomon.
A Dynamic Organisation
In less than a decade, Fortescue has gone from strength to strength through its unparalleled growth. Listed in the S&P/ASX50 share index, Fortescue has firmly established itself as one of the world’s leaders in iron ore production and sea-borne trading.
Fortescue’s tenements are located throughout the resource rich Pilbara region of Western Australia and in such close proximity to the world’s major markets of China and Asia, making the Pilbara widely regarded as the world’s best address for iron ore.
Fortescue has achieved these goals through engagement and support from key stakeholders including our people, local communities including traditional land owners, governments, suppliers, customers, non-government organisations and the financial markets.