Fortescue Metals Group Ltd
ASX:FMG
Fortescue Metals Group Ltd
Common Stock
Fortescue Metals Group Ltd
Common Stock Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Common Stock | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Fortescue Metals Group Ltd
ASX:FMG
|
Common Stock
$1.2B
|
CAGR 3-Years
0%
|
CAGR 5-Years
0%
|
CAGR 10-Years
N/A
|
|
|
BlueScope Steel Ltd
ASX:BSL
|
Common Stock
AU$2.4B
|
CAGR 3-Years
-11%
|
CAGR 5-Years
-8%
|
CAGR 10-Years
-7%
|
|
|
BCI Minerals Ltd
ASX:BCI
|
Common Stock
AU$965.3m
|
CAGR 3-Years
19%
|
CAGR 5-Years
29%
|
CAGR 10-Years
15%
|
|
|
Deterra Royalties Ltd
ASX:DRR
|
Common Stock
AU$0
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
C
|
Champion Iron Ltd
ASX:CIA
|
Common Stock
CA$409.8m
|
CAGR 3-Years
-7%
|
CAGR 5-Years
11%
|
CAGR 10-Years
N/A
|
|
|
Vulcan Steel Ltd
ASX:VSL
|
Common Stock
NZ$12m
|
CAGR 3-Years
0%
|
CAGR 5-Years
1%
|
CAGR 10-Years
N/A
|
|
Fortescue Metals Group Ltd
Glance View
Fortescue Metals Group Ltd. has carved a prominent niche in the global mining industry, primarily through its robust operations in the Pilbara region of Western Australia. Founded in 2003 by Andrew Forrest, Fortescue's journey reflects an entrepreneurial spirit and a strategic grasp of market dynamics. The company has relentlessly expanded its operations to become one of the world's largest producers of iron ore. Fortescue's business model is deeply rooted in exploration, development, and the operation of large-scale iron ore projects. Through its extensive rail and port infrastructure, Fortescue efficiently transports high-quality ore from its mines to port, forging strong ties with steel producers worldwide, particularly in China, where demand for iron ore is immense due to the country's substantial infrastructure development and urbanization projects. Fortescue’s profitability hinges on its operational efficiency and cost leadership, which have been reinforced by continuous technological advancements and sustainability initiatives. The company has adeptly navigated the volatile commodities market, leveraging economies of scale to maintain competitive pricing. Fortescue's ambitions extend beyond traditional mining; the firm is increasingly focusing on renewable energy and green hydrogen projects, as it aims to transition towards a more sustainable future. This strategic pivot not only seeks to diversify revenue streams but also aligns with global trends towards decarbonization. By balancing its core business with innovation and sustainability, Fortescue intends to secure a resilient position in the future of energy and resources.
See Also
What is Fortescue Metals Group Ltd's Common Stock?
Common Stock
1.2B
USD
Based on the financial report for Dec 31, 2024, Fortescue Metals Group Ltd's Common Stock amounts to 1.2B USD.
What is Fortescue Metals Group Ltd's Common Stock growth rate?
Common Stock CAGR 5Y
0%
Over the last year, the Common Stock growth was 11%.
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