Fortescue chief executive Nev Power. Photos: Attila Csaszar

FMG sets 20% indigenous target

Fortescue Metals Group has set an ambitious target of having Aboriginal workers fill 20 per cent of all trades positions in its workforce, on the back of an apprenticeship program launched today.


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Stretch targets may seem challenging but are not set without strong evidence that they are achievable. The well established Indigenous contractors such as ICRG and Guma will provide experienced Indigenous trainees and workers who want to trade up to an apprenticeship. Career paths are highly desirable among Indigenous workers.

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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

Total Shareholder Return as at 28/02/18

1 year TSR5 year TSR
154thMineral Resources76%16%
205thNorthern Star Resources53%50%
539thFortescue Metals Group-18%6%
661stAtlas Iron-38%-56%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

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Total value as at the date of the transaction
Source: Morningstar


1st-Fortescue Metals Group$10,999.7m
4th-Mineral Resources$1,470.4m
5th↓Atlas Iron$896.6m
6th↓Northern Star Resources$850.6m
501 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Fortescue Metals Group

611thMark Barnaba$223k
723rdSharon Warburton$170k
784thElizabeth Gaines$161k
Ranked by total remuneration from all listed WA companies

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