Earthworks at Fortescue's Firetail deposit in December last year.

Fortescue inks $US1.5bn mining contract

Fortescue Metals Group has awarded Leighton Contractors a five-year $US1.5 billion contract to run mining operations at its Firetail iron ore project in the Pilbara.

Leighton will employ about 600 workers at Firetail, operating the open cut mining fleet and handling plants and associated infrastructure.

Firetail, part of Fortescue's Solomon hub in the Pilbara, is expected to produce 20 million tonnes of iron ore per year from the end of March 2013.


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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 30/04/18

1 year TSR5 year TSR
125thAtlas Iron88%-48%
157thMineral Resources74%18%
200thNorthern Star Resources52%61%
510thFortescue Metals Group-8%10%
721 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
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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
506 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Fortescue Metals Group

584thMark Barnaba$223k
688thSharon Warburton$170k
748thElizabeth Gaines$161k
Ranked by total remuneration from all listed WA companies

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