Keyword Analysis & Research: fortescue metals group

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What does Fortescue Metals Group do in Australia?

Fortescue Metals Group Ltd. engages in the development of iron ore deposits. It operates through the China and Other geographical segments. Its projects include Chichester Hub, Solomon Hub, Port Hedland, Eliwana, Iron Bridgen and copper-gold exploration.

How much iron ore does Fortescue Metals produce per year?

The total Chichester Hub produces 90 million tonnes per annum (mtpa) of iron ore plus an additional five mtpa from a joint venture with BC Iron. Fortescue's first minesite Cloudbreak currently mines 40 million tonnes of iron ore a year.

When did Fortescue Metals Group start paying dividends?

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When was the first Fortescue ore processing facility built?

The first Ore Processing Facility (OPF) was commissioned at Christmas Creek in April 2011 with a second OPF commissioned in 2012.

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