Keyword Analysis & Research: fortescue metals group hauptversammlung

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Who is Fortescue Metals?

Jan 24 (Reuters) - Fortescue Metals Group (FMG.AX)said on Monday it will buy an engineering and battery company, founded by Williams Formula 1 team, for 164 million pounds ($222.2 million) in the Australian miner's push to decarbonise its fleet and equipment.

Where is Fortescue mining located?

The group has two main areas of operation located within the Pilbara region of Western Australia, the Chichester Hub and Solomon Hub. Plans to develop a third, Western Hub were as of 2017 in developmental stage. In 2017 Fortescue started exploration of possible mining tenements in South America and other parts of Australia. [7]

What happened to Fortescue?

In December 2012 Fortescue sold a 25% stake to BC Iron Ore for A$190 million and agreed to increase the available capacity to the NJV on Fortescue's rail and port infrastructure from the existing 5 million tonnes per annum (mtpa), to 6mtpa for the life of the joint venture.

What is Fortescue doing to decarbonise?

Fortescue taps Williams Advanced Engineering to decarbonise operations | Reuters Fortescue Metals Group said on Monday it will buy an engineering and battery company, founded by Williams Formula 1 team, for 164 million pounds ($222.2 million) in the Australian miner's push to decarbonise its fleet and equipment.


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