Fortescue - About the company
Fortescue is a public company based in Perth (Australia), founded in 2003 by Andrew Forrest AO. It operates as a Provider of mining services. Fortescue has raised an undisclosed amount in funding. The company has 199 active competitors, including 6 funded and 97 that have exited. Its top competitors include companies like Lundin Mining, Fortescue Metals and ArcelorMittal.
Company Details
- Website
- www.fortescue.com/en
- Social
- Email ID
- *****@fortescue.com
- Phone Number
- +61 **********
Key Metrics
Founded Year
2003
Location
Perth, Australia
Stage
Public
Latest Funding Round
Investors
Ranked
1st among 199 active competitors
Annual Revenue
$1B+ as on Jun 30, 2024
Employee Count
10,146 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public
Legal entities associated with Fortescue
Fortescue is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Fortescue Ltd CIN: 002594872 , Australia, Active | Apr 05, 1983 | $1B+ (As on Jun 30, 2024) | - | |
FORTESCUE FUTURE INDUSTRIES PTY LTD CIN: 42.265.433/0001-19 , Brazil, Deadpooled | Jun 09, 2021 | - | - | - |
Fortescue's IPO details
Fortescue got listed on Mar 19, 1987.
Click here to take a look at Fortescue's IPO in detail
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Fortescue's funding and investors
Fortescue has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Jan 01, 2024 for $*****. 1 investor participated in its latest round. Fortescue has 2 institutional investors.
Here is the list of recent funding rounds of Fortescue:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 01, 2024 | 7012410 | Grant (prize money) | 9704373 | 8015583 | 5216553 | 3941374 |
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Fortescue's founders and board of directors
Founder? Claim ProfileThe founders of Fortescue is Andrew Forrest AO. Dino Otranto and Mark Hutchinson are the CEOs of Fortescue.
Here are the details of Fortescue's key team members:
- Andrew Forrest AO: Founder of Fortescue.
- Dino Otranto: Co-CEO of Fortescue. Contact Info: 1 email address
- Mark Hutchinson: Co-CEO of Fortescue. Contact Info: 1 email address
View details of Fortescue's Founder profiles and Board Members
Fortescue's employee count trend
Fortescue has 10,146 employees as of Aug 26. Here is Fortescue's employee count trend over the years:
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Fortescue's Competitors and alternates
Top competitors of Fortescue include Lundin Mining, Fortescue Metals and ArcelorMittal. Here is the list of Top 10 competitors of Fortescue, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of mining services | - | 62/100 | ||
2nd | Lundin Mining 1994, Toronto (Canada), Public | Base metals mining and exploration company focused on copper, nickel and zinc deposits | - | 59/100 | |
3rd | Fortescue Metals 2003, Perth (Australia), Public | Producer of iron ore | - | 59/100 | |
4th |  ArcelorMittal 1976, Luxembourg (Luxembourg), Public | Manufacturer & supplier of steel products and iron ore mining materials | - | 55/100 | |
5th | Iron ore producer of India | - | - | 54/100 | |
6th | Sandurgroup 1838, Bengaluru (India), Public | Provider of iron ore mining services | - | - | 51/100 |
7th |  Sree Metaliks 1995, Keonjhar (India), Unfunded | Manufacturer of iron ore pellets, sponge iron, steel billets, iron bars, and pig iron | - | - | 51/100 |
8th | Producer of iron minerals and pellets | - | 50/100 | ||
9th | Metro Mining 2004, Brisbane (Australia), Public | Mining and exploration company focused on bauxite deposits | $6.06M | 50/100 | |
10th | Provider of iron ore, minerals, and other products exploration services | - | 49/100 |
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Fortescue's Investments and acquisitions
Fortescue has made 13 investments in companies including Panthalassa and Voltify. Fortescue has also acquired 4 companies including Alta Copper and Nabrawind.Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
May 04, 2026 | Investments | 2016 | Portland (United States) | |
Mar 02, 2026 | Investments | 2024 | Philadelphia (United States) | |
Feb 20, 2026 | Investments | 2019 | Langnau Am Albis (Switzerland) |
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News related to Fortescue
Filter this listMedia has covered Fortescue for a total of 84 events in the last 1 year, 46 of them have been about company updates and 6 about partnerships.
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Fortescue suspends executive over sexual harassment allegationsInsurance Journal•Aug 25, 2026•Fortescue
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Fortescue Records Iron Ore Export Record Despite Profit Hit from Iron Bridge ProjectBusiness News•Aug 20, 2026•Fortescue
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Fortescue settles Queensland funding dispute over Gladstone electrolyser facilityMining Technology•Aug 20, 2026•Fortescue
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Fortescue Group Views China as Key Partner in Building Global Green EconomyChina Daily•Jul 27, 2026•Fortescue
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Andrew Forrest’s Fortescue Metals Group hit with sexual harassment class actionThe West Australian•Jun 25, 2026•Fortescue
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