FMG.AX - Fortescue Metals Group Limited

ASX - ASX Delayed price. Currency in AUD

Fortescue Metals Group Limited

87 Adelaide Terrace
Level 2
East Perth, WA 6004
Australia
61 8 6218 8888
http://www.fmgl.com.au

SectorBasic Materials
IndustryIndustrial Metals & Minerals
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. John Andrew Henry Forrest AO, BA, FAusIMM, AICDFounder & ChairmanN/AN/A1962
Ms. Elizabeth Anne GainesCEO, MD & Exec. Director2.58MN/A1964
Mr. Ian WellsChief Financial Officer916.77kN/AN/A
Mr. Greg S. LilleymanChief Operating Officer1.35MN/A1967
Ms. Julie ShuttleworthDeputy Chief Exec. Officer971.38kN/AN/A
Amounts are as of 31 December 2019, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

Fortescue Metals Group Limited engages in the exploration, development, production, processing, and sale of iron ore in Australia, China, and internationally. It also explores for copper and gold deposits. The company owns and operates the Chichester Hub that includes the Cloudbreak and Christmas Creek mines located in the Chichester ranges; and the Solomon Hub comprising the Firetail and Kings Valley mines located in the Hamersley ranges of Pilbara, Western Australia. It is also developing the Eliwana mine situated in the Pilbara region of Western Australia. In addition, the company holds a portfolio of properties situated in Ecuador and Argentina. Further, it provides towage services. The company was founded in 2003 and is headquartered in East Perth, Australia.

Corporate governance

Fortescue Metals Group Limited’s ISS governance QualityScore as of 4 October 2019 is 4. The pillar scores are Audit: 1; Board: 7; Shareholder rights: 5; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.