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FORTESCUE METALS GROUP LIMITED (FMG)

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What FORTESCUE METALS GROUP LIMITED (FMG) does.

Fortescue Metals Group Limited (FMG) is a globally active metals, energy and technology company focused on the development of green solutions. The firm primarily produces iron ore but also works on replacing fossil fuel carriers with renewable sources and electrification. FMG operates ships for the transportation of iron ore and has entered into a partnership with CMB.TECH to accelerate the chartering of up to 12 ammonia-capable vessels, which represents an important step towards decarbonized global shipping. The company is also active in technology development and has its own subsidiary named Fortescue Zero for the development of integrated green energy systems. FMG was founded in 2003 and has since established itself as a leading global iron ore producer while simultaneously scaling its operations with I

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