Fortescue Ltd · ASX:FMG
Fortescue — Shareholder Meeting (November 2024)
42 slides from Fortescue's shareholder meeting presentation, Nov 6, 2024
Slide 1: Annual General Meeting – Presentation
6 November 2024 ANNUAL GENERAL MEETING – PRESENTATION Fortescue Ltd (Fortescue, ASX: FMG) advises that Executive Chairman, Dr Andrew Forrest AO, Fortescue Metals Chief Executive Officer, Dino Otranto and Fortescue Energy Chief Executive Officer, Mark Hutchinson are addressing shareholders at the Ann
Slide 2: November 2024
For personal use only NOVEMBER 2024 © 2024 FORTESCUE FORTESCUE | 1
Slide 3: Important Notice
Important Notice The purpose of this presentation is to provide general information about Fortescue Ltd and its subsidiaries (“Fortescue”). For personal use only It is not recommended that any person makes any investment decision in relation to Fortescue based on this presentation. This presentation
Slide 4: Technology, energy and metals group accelerating decarbonisation of industry
For personal use only We are the technology, energy and metals group accelerating the commercial decarbonisation of industry, rapidly, profitably and globally. FORTESCUE | 3
Slide 5: For personal use only
For personal use only FORTESCUE | 4
Slide 6: Executive Chairman Fortescue
For personal use only EXECUTIVE CHAIRMAN FORTESCUE FORTESCUE | 5
Slide 7: Proving that eliminating fossil fuels is profitable
For personal use only A$42bn in dividends We are proving that Paid to shareholders eliminating fossil A$60bn business fuels is profitable Top 15 ASX listed company A$8.7bn NPAT1 In FY24 A$27.5bn in FY24 Global economic contribution 1 Net profit after tax (NPAT) in Australian dollar is calculated by
Slide 8: No diesel, no gas, no emissions
For personal use only No diesel No gas No emissions Scope 1 and 2 terrestrial emissions target across Fortescue’s Australian iron ore operations. FORTESCUE | 7
Slide 9: 3GW of renewable energy and battery storage
For personal use only 3GW of renewable energy & battery storage New infrastructure to import renewables equipment 800 pieces of diesel-guzzling equipment being replaced 20 new software solutions being deployed FORTESCUE | 8
Slide 10: MINExpo 2024
MINExpo 2024 For personal use only FORTESCUE | 9
Slide 11: MINExpo 2024
MINExpo 2024 For personal use only FORTESCUE | 10
Slide 12: MINExpo 2024
MINExpo 2024 For personal use only FORTESCUE | 11
Slide 13: For personal use only
For personal use only FORTESCUE | 12
Slide 14: Exploration team 2005
For personal use only Exploration team 2005 FORTESCUE | 13
Slide 15: Times Square, September 2024
For personal use only Times Square, September 2024 FORTESCUE | 14
Slide 16: Power system supply for trucks and dozers
For personal use only Power system supply for trucks & dozers Designed & engineered by Fortescue Zero Trucks on site early 2026 1Part of US$2.8B Liebherr Partnership FORTESCUE | 15
Slide 17: For personal use only
For personal use only FORTESCUE | 16
Slide 18: Hurricane Milton
For personal use only Hurricane Milton The New York Times 09/10/2024 FORTESCUE | 17
Slide 19: For personal use only
For personal use only FORTESCUE | 18
Slide 20: For personal use only
For personal use only FORTESCUE | 19
Slide 21: Spirit of openness, high ambition, well-defined actions
For personal use only SPIRIT OF OPENNESS HIGH AMBITION WELL-DEFINED ACTIONS Dr Ben Caldecott, Co-Head, Secretariat, Transition Plan Taskforce FORTESCUE | 20
Slide 22: For personal use only
For personal use only FORTESCUE | 21
Slide 23: For personal use only
For personal use only FORTESCUE | 22
Slide 24: Chief Executive Officer Fortescue Metals
For personal use only CHIEF EXECUTIVE OFFICER FORTESCUE METALS FORTESCUE | 23
Slide 25: August 2024, Green Metal Project works commence
For personal use only August 2024, Green Metal Project works commence FORTESCUE | 24
Slide 26: Electric excavator operational at Cloudbreak
For personal use only Electric excavator operational at Cloudbreak FORTESCUE | 25
Slide 27: Iron Bridge
For personal use only Iron Bridge FORTESCUE | 26
Slide 28: First Ore from Flying Fish, Eliwana
For personal use only First Ore from Flying Fish, Eliwana FORTESCUE | 27
Slide 29: Gabon
Gabon For personal use only Ivindo Iron team members at Belinga Research Station FORTESCUE | 28
Slide 30: A$5 billion milestone for Billion Opportunities initiative
For personal use only Fortescue celebrates A$5 billion milestone for Billion Opportunities initiative FORTESCUE | 29
Slide 31: Record Q1 shipments
For personal use only Record Q1 shipments 47.7Mt shipped in Q1 FY25 FORTESCUE | 30
Slide 32: Artist impression of Green Metal Project
For personal use only Artist impression of Green Metal Project FORTESCUE | 31
Slide 33: Chief Executive Officer Fortescue Energy
For personal use only CHIEF EXECUTIVE OFFICER FORTESCUE ENERGY FORTESCUE | 32
Slide 34: Europa hydrogen operations
For personal use only Europa T 264 T 264 June 2024 operates off Hydrogen Europa September 2024 May 2024 FORTESCUE | 33
Slide 35: T Sub-pack
For personal use only T 264 Sub-pack September 2024 FORTESCUE | 34
Slide 36: Zero emission machinery on site
For personal use only Zero emission machinery on site August 2024 FORTESCUE | 35
Slide 37: Track to Truck technology
For personal use only Track to Truck technology MINExpo September 2024 FORTESCUE | 36
Slide 38: Green Pioneer
For personal use only Green Pioneer March 2024 FORTESCUE | 37
Slide 39: Pecém Port
For personal use only Pecém Port October 2024 FORTESCUE | 38
Slide 40: Fortescue Electrolyser
For personal use only Fortescue Electrolyser Gladstone, Queensland August 2024 FORTESCUE | 39
Slide 41: London E-Prix
For personal use only London E-Prix July 2024 FORTESCUE | 40
Slide 42: Fortescue values
Family For personal use only We are Empowerment Fortescue Frugality Stretch Targets Integrity Enthusiasm Safety Courage and Determination Generating Ideas Humility FORTESCUE | 41