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Queens Valley is located approximately 15 kilometres from the company’s Kings ore processing facility.

FMG approves $417m new mine

Fortescue Metals Group’s has given the green light to its US$287 million ($417 million) Queens Valley mining area development, after it received all necessary environmental and heritage approvals.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 31/05/19

1 year TSR5 year TSR
46thFortescue Metals Group100%21%
195thWoodside Petroleum15%2%
327thSouth32-6%
396thMineral Resources-16%13%
402ndOM Holdings-17%24%
728 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

22/03/19
$11k Issued
18/12/18
$0 Issued
30/11/18
$117.6m Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

1st↑South32$10,519.6m
2nd↓Fortescue Metals Group$9,358.7m
3rd-Woodside Petroleum$7,536.1m
4th-Mineral Resources$1,706.7m
5th↑OM Holdings$1,512.4m
484 listed resources companies ranked by revenue.
Source: Morningstar

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