Fortescue's vision is to be the safest, lowest cost and most profitable iron ore producer.
As the world’s fourth largest iron ore producer, Fortescue holds the largest tenement portfolio in the Pilbara.
We own and operate an integrated supply chain which comprises:
Exploration activity in the past year has been primarily focussed on our iron ore tenements to maintain mine life and sustain product quality in our core iron ore business.
We continue to undertake early stage, low cost exploration on coppergold prospective tenements in South Australia and New South Wales and have assessed high potential, early stage exploration tenements in Ecuador, where Fortescue was granted 32 exploration areas.
Key Performance Indicators - FY2017