ASX:FMG

Fortescue Metals Group Ltd

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Business Summary

Fortescue Metals Group Limited (Fortescue) is engaged in the exploration, development, production, processing and sale of iron ore. Fortescue owns and operates a fully integrated infrastructure and supply chain including five berth Herb Elliott Port in Port Hedland, the Judith Street Harbour towage infrastructure and the heavy haul railway covering 620 kilometers (km) of track. The Company is developing the Eliwana Mine and Rail Project and the Iron Bridge Magnetite Project. The Chichester Hub, which includes the Cloudbreak and Christmas Creek mines, is located in the Chichester Ranges. The Solomon Hub is located in the Hamersley Ranges, and includes the Firetail and Kings Valley mines, which produce in excess of 70 million tons per annum (mtpa). Its Iron Bridge project is located over 145 kms south of Port Hedland. Its Eliwana Mine and Rail development includes 143km of rail and a 30mpta dry ore processing facilities.

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