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What we do

As one of the world’s largest producers of iron ore, our operations in the Pilbara ship more than 180 million tonnes of iron ore annually. We’re also developing and acquiring green energy technologies and projects, which will help the world step beyond fossil fuels.

Operational excellence

Fortescue’s operating excellence continues to drive strong results

We are now shipping at an annual rate of over 180 million tonnes, and this year Fortescue exceeded the top end of guidance with record shipments of 189 million tonnes.

Dino Otranto

Chief Operating Officer

Iron Bridge Magnetite Project

The US$3.6 – US$3.8 billion Iron Bridge Magnetite Project is under development and will deliver 22mtpa of high-grade Iron Bridge 67% Fe magnetite concentrate product, with first production scheduled for the March 2023 quarter. Iron Bridge is a strategic investment enabling Fortescue to provide an enhanced product range to our customers while increasing our production and shipping volumes.

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Fortescue began as an exploration company and today our iron ore tenements remain key to maintaining mine life and sustaining product quality in our core iron ore business. Our exploration activities in the Western Hub, Solomon Hub and Eastern Hamersley are focused on adding high iron content, dry, low-cost tonnes to our product suite, providing further optionality for the business.

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International footprint

Our world class exploration capability is driving future growth as we target global opportunities and commodities that support the decarbonisation of the transport sector. Fortescue has a well-established presence in Latin America, including Argentina, where we currently hold tenements prospective for copper-gold. We are also assessing exploration and development opportunities in Colombia, Ecuador, Peru, Chile and Brazil.

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Energy infrastructure

Since October 2019, together with our partners, we have invested more than US$800 million in significant energy infrastructure projects that will increase our use of renewable energy, a key contributor to our pathway to achieve our emissions reduction targets. Pilbara Energy Connect, together with the Chichester Solar Gas Hybrid Project, will deliver 25 per cent of our stationary energy requirements from solar power.

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We're leading the green industrial revolution

We’re developing the technologies to decarbonise hard-to-abate sectors (like our iron ore operations) while building a global portfolio of renewable energy projects.

Green iron and green steel presents a huge opportunity for the iron ore industry and we are working hard to ensure we are at the forefront of technologies being developed in this regard.

By harnessing the world’s renewable energy resources to produce renewable electricity, green hydrogen, green ammonia and other green industrial products, we’ll help our planet step beyond fossil fuels.

  • Green hydrogen
  • Green steel
  • Critical minerals
  • Solar power
  • Green ammonia
  • Hydropower
  • Wind energy
  • Geothermal energy