Fortescue Metals

Perth, Australia Founded: 2003 • Age: 23 yrs
Producer of iron ore

About Fortescue Metals

Fortescue Metals is a company based in Perth (Australia) founded in 2003.. The company has 5,455 employees as of March 31, 2018. Fortescue Metals has completed 2 acquisitions, including HyET group and Williams Advanced Engineering.

  • Headquarter Perth, Australia
  • Employees 5455 as on 31 Mar, 2018
  • Stage Public
  • Sectors
    Natural Resources
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Natural Resources → Mining & Quarrying
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $600 M (USD), Debt – Conventional

    Sep 06, 2019

  • Investors
  • Employee Count
    5455

    as on Mar 31, 2018

  • Investments & Acquisitions
    HyET group

    & 1 more

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IPO & Listings of Fortescue Metals

Fortescue Metals is a publicly listed company on the ASX with ticker symbol FMG in Australia, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: ASX · Ticker: FMG . Sector: Non-energy minerals · Australia
People of Fortescue Metals
Headcount 5000-10000
Employee Profiles 232
Board Members and Advisors 11
Employee Profiles
People
Vaughan Fulmer
Legal Manager
People
Lisa Willis
Manager Legal Environment/ Approvals
People
Max Molkenthin
Finance Analyst
People
Robert Cornelius
Electrical Construction Supervisor

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Board Members and Advisors
people
Andrew Forrest Ao
Chairman
people
Ya-Qin Zhang
Director
people
Jean Baderschneider
Director
people
Penny Bingham-Hall
Non Executive Director

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Funding Insights of Fortescue Metals

  • Total Funding
  • Total Rounds 3
  • Last Round Debt – Conventional — $600.0M
  • First Round

    (19 Feb 2009)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2019 Amount Debt – Conventional - Fortescue Metals Valuation

investors

Mar, 2018 Amount Debt – Conventional - Fortescue Metals Valuation

investors

Feb, 2009 Amount Post-IPO - Fortescue Metals Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Fortescue Metals

Fortescue Metals has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Hunan Valin Steel. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Fortescue Metals

Fortescue Metals has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include HyET group and Williams Advanced Engineering. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Battery management systems for electric vehicles are provided.
2010
Provider of solution for flexible thin-film silicon solar cells and hydrogen generation
2008
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Fortescue Metals

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fortescue Metals Comparisons

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Competitors of Fortescue Metals

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fortescue Metals

Frequently Asked Questions about Fortescue Metals

When was Fortescue Metals founded?

Fortescue Metals was founded in 2003 and raised its 1st funding round 6 years after it was founded.

Where is Fortescue Metals located?

Fortescue Metals is headquartered in Perth, Australia. It is registered at Perth, Western Australia, Australia.

Who is the current CEO of Fortescue Metals?

Elizabeth Gaines is the current CEO of Fortescue Metals.

How many employees does Fortescue Metals have?

As of Mar 31, 2018, the latest employee count at Fortescue Metals is 5,455.

What does Fortescue Metals do?

Fortescue Metals was founded in 2003 and is headquartered in Perth, Australia. Iron ore production and international trade are managed by the company, with primary operations in the Pilbara region where extensive tenements are held. Inclusion in the ASX 50 index has been secured. In 2022, revenues of 17.05 billion and net profit of 5.75 billion were achieved, supported by a workforce of over 65,000.

Is Fortescue Metals publicly traded?

Yes, Fortescue Metals is publicly traded on ASX under the ticker symbol FMG.

How many acquisitions has Fortescue Metals made?

Fortescue Metals has made 2 acquisitions, including HyET group, and Williams Advanced Engineering.

Who are Fortescue Metals's investors?

Fortescue Metals has 1 investor. Key investors include Hunan Valin Steel.

What is Fortescue Metals's ticker symbol?

The ticker symbol of Fortescue Metals is FMG on ASX.

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