About Fortescue
Fortescue is a company based in Perth (Australia) founded in 2003 by Andrew Forrest AO.. Fortescue has completed 4 acquisitions, including Alta Copper, Nabrawind and Red Hawk Mining.
- Headquarter Perth, Australia
- Founders Andrew Forrest AO
- Stage Public
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Sectors
Natural Resources
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Fortescue Ltd
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Annual Revenue
$15.86 B (USD)-13.7as on Jun 30, 2025
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Net Profit
$3.44 B (USD)-39.95as on Jun 30, 2025
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EBITDA
$7.79 B (USD)-27.35as on Jun 30, 2025
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Latest Funding Round
$77.46 K (USD), Grant
Jan 01, 2024
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Alta Copper
& 3 more
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IPO & Listings of Fortescue
Fortescue 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.
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Leadership Team
30 people
Senior Team
30 people
Software Development Team
23 people
Finance and Accounting
23 people
Legal and Compliance
16 people
Human Resources and Administration
15 people
Manager Team
12 people
Project Team
10 people
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Funding Insights of Fortescue
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $77,460
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First Round
First Round
(01 Jan 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2024 | Amount | Grant - Fortescue | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fortescue
Fortescue has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fortescue
Fortescue has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Alta Copper, Nabrawind and Red Hawk Mining. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Wind turbine components and technologies are designed and developed.
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2015 | ||||
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Nanotechnology membranes are designed, developed, and manufactured for various applications.
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2009 | ||||
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Iron ore exploration and development are pursued in Western Australia.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Fortescue
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fortescue Comparisons
Competitors of Fortescue
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fortescue
Frequently Asked Questions about Fortescue
When was Fortescue founded?
Fortescue was founded in 2003 and raised its 1st funding round 21 years after it was founded.
Where is Fortescue located?
Fortescue is headquartered in Perth, Australia. It is registered at Perth, Western Australia, Australia.
Who is the current CEO of Fortescue?
Dino Otranto is the current CEO of Fortescue.
What is the annual revenue of Fortescue?
Annual revenue of Fortescue is $15.86B as on Jun 30, 2025.
What does Fortescue do?
Fortescue was founded in 2003 and is headquartered in Perth, Australia. Operations focus on mining services within the resources industry, including iron ore production and related activities. Leadership is provided by founder Andrew Forrest AO, alongside co-CEOs Dino Otranto and Mark Hutchinson. The company maintains a presence in global markets, supporting extraction and logistics in the mining domain.
Is Fortescue publicly traded?
Yes, Fortescue is publicly traded on ASX under the ticker symbol FMG.
How many acquisitions has Fortescue made?
Fortescue has made 4 acquisitions, including Alta Copper, Nabrawind, and Red Hawk Mining.
Who are Fortescue's investors?
Fortescue has 1 investor. Key investors include European Union.
What is Fortescue's ticker symbol?
The ticker symbol of Fortescue is FMG on ASX.
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