Fortescue Metals Group Ltd. (FSUMF)


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Fortescue Metals Group (ASX: FMG) is an Australian iron ore mining company with large holdings in the Pilbara region of Western Australia. The company is listed as FMG on the Australian Securities Exchange (ASX) and has shown spectacular share appreciation in the last few years. Fortescue Metals is led by entrepreneur and one of Australia's richest men Andrew Forrest. Forrest also founded Anaconda Nickel (now Minara Resources), one of the world's largest nickel miners.

Fortescue Metals boasts a vertically integrated supply chain spanning exploration and mining extraction activities, processing and beneficiation, rail transport and port loading.

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