Fortescue Ltd. engages in the development of iron ore deposits. The company is headquartered in Perth, Western Australia. The firm's segments include Metals and Energy. Metals segment includes exploration, development, production, processing, sale and transportation of iron ore, and the exploration for other minerals. Its metals business comprises its iron ore operations in the Pilbara as well as a pipeline of exploration projects globally including in Gabon in Africa, Latin America and Australia. The firm's metals business includes Hedland operations, Chichester Hub, Western Hub, Iron Bridge, Green Metal Project, integrated operations, Belinga Project, Blacksmith Project and Pilbara Energy Connect (PEC) project. Energy segment undertakes activities in the global development of green electricity, green hydrogen, green ammonia projects, as well as green technology development and manufacturing. Its energy business includes Arizona Hydrogen project, Holmaneset project, Pecem project and Gladstone PEM50 Project.
Follow-Up Questions
What is the price performance of FSUMF stock?
The current price of FSUMF is $12.6, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Fortescue Ltd?
Fortescue Ltd belongs to Metals & Mining industry and the sector is Materials
What is Fortescue Ltd market cap?
Fortescue Ltd's current market cap is $38.7B
Is Fortescue Ltd a buy, sell, or hold?
According to wall street analysts, 19 analysts have made analyst ratings for Fortescue Ltd, including 0 strong buy, 1 buy, 10 hold, 10 sell, and 0 strong sell
