Fortescue Metals Group (WA)
None, Minerals, Energy and Related Services Award
Tagged: Minerals, Energy and Related Services WA 2016 Finalist
Fortescue Metals Group is a global leader in the iron ore industry. Recognised for its culture, innovation and industry-leading development of world class infrastructure and mining assets, Fortescue is the fourth seaborne largest iron ore producer in the world.
Fortescue's longstanding relationships with its customers and stakeholders in China are all part of what makes Fortescue unique. The company's relationships enable it to support China's rapid development and industrialisation and play an active part in maintaining Australia's most important trading relationships in North Asia. Further to its strong relationships in China, Fortescue has worked hard to develop networks in Japan and South Korea.
The innovation shown in developing its mines and infrastructure has enabled Fortescue to continue to strengthen production performance, meet customers' expectations and deliver value for shareholders. And by understanding its customer's needs, Fortescue has been able to evolve its product strategy to optimise mining efficiency while lowering strip ratios and extending mine lives.