Fortescue Metals Group Limited 

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Nov 19, 2009
FORTESCUE METALS GROUP LTD Annual General Meeting
  

Key stats and ratios

Q2 (Jun '09) 2009
Net profit margin -31.71% 27.75%
Operating margin -51.52% 36.15%
EBITD margin - 26.61%
Return on average assets -11.84% 12.67%
Return on average equity -215.16% -
Employees 667 -

Address

Level 2 87 Adelaide Terrace
East Perth, WAS 6004
Australia
+61-8-62188888 (Phone)
+61-8-62188880 (Fax)

Website links

Fortescue Metals Group Limited discussed on blogs

TheBull.com.au - TheBull.com.au - Nov 19, 2009

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Description

Fortescue Metals Group Ltd (Fortescue) is engaged in the development and operation of the Cloudbreak and Christmas Creek iron ore mines in the Pilbara in Western Australia. The Company operates an integrated logistics chain starting with the mining of iron ore from Fortescue’s Cloudbreak mine site, the railing of product along Fortescue’s heavy haul rail line through to the loading of ships at the Fortescue’s port facility at Port Hedland. As of June 30, 2009, Fortescue’s second mine at Christmas Creek had commenced operations with product being trucked to the Cloudbreak ore processing facility for inclusion in the product blend. Fortescue also maintains an exploration and metallurgical program, which is developing tenement areas outside of the current mining sites.

Officers and directors

J. Andrew Henry Forrest
Chief Executive Officer, Executive Director
Age: 47
Fiona Barclay
Chief Financial Officer
Paul Hallam
Chief Operating Officer
Rod Campbell
Company Secretary
Age: 49
Christopher Catlow
Company Secretary, Director - Investment and Business Development
Age: 48
Graeme Rowley
Executive Director - Public Policy, Director
Age: 69
Russell Scrimshaw
Executive Director - Commercial, Director
Age: 60
Herbert Elliott
Non-Executive Chairman of the Board
Age: 71
Ian M. Cumming
Director
Geoff Brayshaw
Non-Executive Director
Age: 59