Fortescue Metals Group Limited (often referred to as Fortescue Metals Group, FMG, or simply Fortescue) is an Australian iron ore company. As of 2017, Fortescue is the fourth-largest iron ore producer in the world. The company has holdings of more than 87,000 km2 in the Pilbara region of Western Australia, making it the largest tenement holder in the state, larger than both BHP and Rio Tinto. As of May 2022 Andrew "Twiggy" Forrest is chair and owns a third of the company. Elizabeth Gaines is currently the CEO of Fortescue, but Forrest will assume an 'Executive Chairman' role and in effect act as the CEO on an interim basis from August 2022 when Gaines moves into the role of global brand ambassador for the company's renewable energy arm, Fortescue Future Industries until a replacement is found. More information...
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