Fortescue Ltd is a diversified Australian resources company recognized for its significant role in iron ore mining and global resource development. Originally founded as Fortescue Metals Group Ltd, th... Fortescue Ltd is a diversified Australian resources company recognized for its significant role in iron ore mining and global resource development. Originally founded as Fortescue Metals Group Ltd, the firm's core operations focus on the exploration, production, processing, and sale of iron ore, particularly within the Pilbara region. Fortescue has expanded its portfolio to include the exploration of copper, lithium, gold, and rare earth elements, with projects spanning Australia, Africa, and Latin America.
Beyond mining, Fortescue Ltd is progressively advancing initiatives in renewable energy, notably green hydrogen and green ammonia, as part of its commitment to industrial decarbonization. The company owns and operates extensive rail and port infrastructure to support its metals business, facilitating efficient supply chain and export capabilities. With a strong track record of profitability, substantial market capitalization, and robust dividend payments, Fortescue holds a pivotal position in the materials sector, influencing global steel production, energy transition, and sustainable industrial practices.