Fortescue Ltd
XMUN:FVJ
Fortescue Ltd
Other
Fortescue Ltd
Other Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
F
|
Fortescue Ltd
XMUN:FVJ
|
Other
-$43m
|
CAGR 3-Years
33%
|
CAGR 5-Years
-15%
|
CAGR 10-Years
N/A
|
|
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Fortescue Metals Group Ltd
ASX:FMG
|
Other
-$43m
|
CAGR 3-Years
33%
|
CAGR 5-Years
-15%
|
CAGR 10-Years
N/A
|
|
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BlueScope Steel Ltd
ASX:BSL
|
Other
-AU$135.1m
|
CAGR 3-Years
-70%
|
CAGR 5-Years
-22%
|
CAGR 10-Years
-11%
|
|
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Deterra Royalties Ltd
ASX:DRR
|
Other
-AU$581k
|
CAGR 3-Years
-69%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
C
|
Champion Iron Ltd
ASX:CIA
|
Other
-CA$5.9m
|
CAGR 3-Years
9%
|
CAGR 5-Years
1%
|
CAGR 10-Years
N/A
|
|
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Vulcan Steel Ltd
ASX:VSL
|
Other
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
Fortescue Ltd
Glance View
In the vast, rugged landscapes of Western Australia lies the heart of Fortescue Metals Group Ltd, a company that has carved out a remarkable story in the iron ore industry. Founded in 2003, Fortescue emerged during a period when the demand for iron ore was heating up, driven by China's insatiable need for raw materials to fuel its rapid industrialization. Fortescue harnessed the untapped wealth of the Pilbara region, utilizing an innovative blend of rapid exploration, development, and production to transform itself into one of the world's largest iron ore producers. Key to its success has been its ability to efficiently extract, process, and transport iron ore from its extensive resource holdings, leveraging state-of-the-art technology and infrastructure investments, such as the landmark construction projects like their own railways and port facilities. Today, Fortescue's business model is a testament to strategic foresight and operational excellence. The company predominantly makes money by mining, processing, and exporting iron ore—a vital component in steel manufacturing. Iron ore is extracted from its mines, shipped through its dedicated logistics network to Port Hedland, the world's largest bulk export port, and primarily sold to steel producers in Asia. This robust supply chain strategy reduces dependency on third-party services and costs, enhancing its margins and earnings. Fortescue continuously strives toward sustainability with recent ventures into green hydrogen, as part of its diversification efforts to hedge against the fluctuating commodity markets and position itself within the evolving global energy landscape. Fortescue Metals Group Ltd is not just a mining operation; it's a dynamic entity strategically navigating the complexities of the global economy while keeping a keen eye on future opportunities.
See Also
What is Fortescue Ltd's Other?
Other
-43m
USD
Based on the financial report for Dec 31, 2024, Fortescue Ltd's Other amounts to -43m USD.
What is Fortescue Ltd's Other growth rate?
Other CAGR 5Y
-15%
Over the last year, the Other growth was -26%. The average annual Other growth rates for Fortescue Ltd have been 33% over the past three years , -15% over the past five years .