Downer EDI’s contract for work at Christmas Creek expires at the end of September.

FMG to become owner-operator

Fortescue Metals Group plans to move to a full owner-operator model at its Christmas Creek mining operations after Downer EDI's contract expires at the end of September.


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History repeats. I wonder if FMG will develop a community and school etc like it was in the 1970s and ’80s and abolish FIFO. Look after families.

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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 29/06/18

1 year TSR5 year TSR
61stAtlas Iron187%-42%
204thNorthern Star Resources56%70%
209thMineral Resources53%19%
531stFortescue Metals Group-10%13%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$0 Issued
$0 Other
$0 Other
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
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Fortescue Metals Group

556thMark Barnaba$223k
658thSharon Warburton$170k
716thElizabeth Gaines$161k
Ranked by total remuneration from all listed WA companies

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