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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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Melbourne
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 31/08/18

1 year TSR5 year TSR
216thWoodside Petroleum35%5%
259thSouth3226%0%
363rdMineral Resources6%12%
397thIluka Resources1%-1%
612thFortescue Metals Group-29%3%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

06/09/18
$20k Bought
31/08/18
$0 Other
31/08/18
$0 Other
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$5,050.0m
4th-Mineral Resources$1,706.7m
5th↑Iluka Resources$1,079.2m
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Fortescue Metals Group

533rdMark Barnaba$223k
634thSharon Warburton$170k
692ndElizabeth Gaines$161k
Ranked by total remuneration from all listed WA companies

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