and development opportunities throughout South America including Ecuador, Colombia and Argentina. 2020 Welcome to Fortescue's 2020 Annual General Meeting. 15 per cent of employees at Fortescue's Pilbara sites are Aboriginal. View today’s FMG share price, options, bonds, hybrids and warrants. We offer our investors a track record of unbroken profitability. The payment of taxes within the countries that Fortescue operates is an important element of the Company's contribution to the economic development of these countries. Announced Period Amount Yield Ex-Dividend Date Record … The 2020 Annual General Meeting of Fortescue Metals Group (Fortescue) was held in Perth today, with shareholders having the option to attend the hybrid meeting in person or virtually. Fortescue Metals Group Ltd (FMG) is an iron ore production and exploration company with assets located in the Pilbara region of Western Australia ... 2020 A 2021 F 2022 F 2020 A 2021 F 2022 F 2020 A ... Report (Annual) 23 August 2021: Report (Prelim) 29 July 2021: Report (Quarterly) 29 April 2021: Here's a summary of Dr Zhang's credentials excerpted from the Fortescue 2020 Annual Report, for fiscal year ended June 30, 2020. and, on 19 February 2020, declared a fully franked interim dividend of 76 AUD cents per share (HY19: interim dividend of 19 AUD cents per share plus a special dividend of 11 AUD cents per share) payable in April 2020. We conducted our review in accordance with Australian Auditing Standard on Review Engagements ASRE 2410 Review of a Financial Report Performed by the Independent Auditor of the Entity, in order to state whether, on the basis of the procedures described, we have become aware of any matter that makes us believe that the half year financial report is not in accordance with the Corporations Act 2001 including giving a true and fair view of the consolidated entity's financial position as at 31 December 2019 and its performance for the half year ended on that date; and complying with Accounting Standard AASB 134 Interim Financial Reporting and the Corporations Regulations 2001. Fortescue Metals Group Ltd (FMG) Dividends. Fortescue is focussed on implementing practical initiatives such as child care and flexible work arrangements to ensure its female employment rate continues to grow. View FMG.AU financial statements in full, including balance sheets and ratios. FORTESCUE Metals Group has reported a record first quarter of iron ore shipments, lower costs and higher realised pricing. Read detailed company information including dividend distribution, dividend amount and payment history. To view the live broadcast recorded on Wednesday, 11 November 2020 at 10am AWST, please click ‘play’ on … Fortescue's share of Iron Bridge capital expenditure incurred by year is estimated to be: Capital expenditure on the US$700 million project, incurred by year is estimated to be: Fortescue holds the largest tenement portfolio in the Pilbara region of Western Australia. Learn more . The above consolidated statement of cash flows should be read in conjunction with the accompanying notes. 5 annual reports (valued at $1,185 each) produced by Mining Journal's Intelligence division, and focusing on the most relevant discussion points in the mining sector: World Risk Report; Global Finance Report; Global Leadership Report; Global METS Investment Report; Project and Pipelines Handbook; A total value equivalent to $6,980. An iron ore compound that is typically a lower grade ore than Hematite iron ore because of a lower iron content. View today’s FMG share price, options, bonds, hybrids and warrants. Year to date, a 6.5 per cent risk reduction has been achieved. BFS serves the Australian market, and is organised into the following three business divisions: personal banking, wealth management and business banking. The carrying values of other financial assets and liabilities approximate their fair values. Comprehensive employment taxes such as fringe benefits taxes, payroll taxes and various employee insurances. Fortescue's world class integrated operations and customer-focussed marketing strategy. Key dates for Fortescue shareholders in 2020. The syndicated term loan is now due to mature in June 2025, and remains on the same terms and conditions. Fortescue's Values form the foundation of the Company's approach to CSR; setting the ethical and moral compass by which the business operates. This was agreed upon. During the same period, the S&P Global 1200 Information Technology Sector Index, a broad measure of global technology companies, returned -0.74%. Leases are recognised on the balance sheet as a right of use asset, representing the lessee's entitlement to the benefits of the identified asset over the lease term, and a lease liability representing the lessee's obligation to make the lease payments. Reporting on the ASX200 today, Australia's top stocks, the Aussie dollar (AUD), and breaking business news. For previous Wesfarmers results and reports please click here Opens in new window. Is Fortescue Metals Group (ASX:FMG) a buy? The US$1,025 million facility is due to mature in July 2021. Directors' responsibility for the half year financial report, The directors of the Company are responsible for the preparation of the half year financial report that gives a true and fair view in accordance with Australian Accounting Standards and the Corporations Act 2001 and for such internal control as the directors determine. Mining Journal Intelligence Global Leadership Report 2020 . ... Financial Management Group (FMG) Provides financial, tax, corporate communications and treasury services to all areas of Macquarie. Refer to note 1(c) for details of the impact on adoption of AASB 16 Leases. Thousands of advisors trust us to nurture leads, deepen client relationships, and help them grow their business. The Directors of the Company in office during the half year and until the date of this report are as follows. This information should be read in conjunction with Fortescue's Financial Report for the half year ended 31 December 2019. The Pilbara region in the north west of Western Australia. Neu-Ulm, 24.10.2019 | Das neue EFQM Modell 2020 –Dr. Tax Transparency Report. An iron ore compound with an average iron ore content of between 57 per cent and 63 per cent Fe. Dated in Perth on this 19th day of February 2020. specialist expertise, advice and flexible capital solutions across a range of sectors. Past performance of any product described on this site is not a reliable indication of future performance. Annual Report 212 1 Contents 3 Vision and purpose 3 Statement of responsibility 4 Chairperson’s report 5 Working together for the good of Fiordland 6 The Fiordland Marine Guardians 8 Agency representatives 10 Our year in review 12 Focus on fisheries sustainability 15 Focus on Fiordland’s future 16 Looking ahead – the next 12 months 17 Resource consents 18 Meetings 16-Oct-2020. 1 Notes to the accompanying financial statements. The right of use asset is amortised on a straight-line basis over the shorter of the useful life of the asset and lease term. An inclusive workplace enables us to embrace diversity to deliver more innovative and sustainable solutions for our clients, shareholders, communities and our people. Mining Journal Intelligence Global Leadership Report 2020 . Presentations. Chief among these has been a multi-billion dollar export deal with China. Fortescue pays 7.5 per cent government royalty for the majority of its iron ore products, with a concession rate of five per cent applicable to beneficiated fines. This information is a general description of the Macquarie Group only. no contraventions of any applicable code of professional conduct in relation to the review. DNB Bank; DNB Boligkreditt; DNB Livsforsikring (in Norwegian only) DNB Bedriftspensjon 3Q20 (in Norwegian only) 2nd Quarter 2020. Fortescue Metals Pours First Gold at Eliwana Ore Processing Facility in Weste.. Australia shares scale nine-month high as miners rally further. operations with Alinta Energy's Newman gas-fired power station. Hematite deposits are typically large, close to the surface and mined via open pits. Download PDF of the 16-Oct-2020. Mining Journal Intelligence Global Leadership Report 2020. Safeguarding our precious water. Total ordinary dividends for the year were US$2.02 per share. "China's steel industry continues to outperform expectations, with crude steel production in the nine months to September 2020 reaching 782 million tonnes, and annual steel production expected to exceed 1 billion tonnes in 2020," she said. About the Data. Liabilities arising from contractual arrangements which contain leases are initially measured at the present value of the future. ASX Announcements. Shareholder Inquiries. Independent and centralised unit responsible for identifying, assessing and monitoring risks across Macquarie. Shareholder Information. The previous corresponding period is the half year ended 31 December 2018. Fortescue's chief operating decision maker is the Core Leadership Team (CLT) which comprises the Chief Executive Officer, Deputy Chief Executive Officer, Chief Financial Officer and Chief Operating Officer. On 19 February 2020, the Directors declared an interim fully franked dividend of 76 Australian cents per ordinary share payable in April 2020. The health, safety and wellbeing of the Fortescue family is the Company's number one priority and its focus remains on ensuring everyone goes home safely after every single shift. The difference between ore shipped and ore sold for the half represents unsold stocks held by this entity at regional ports in China. A further US$186 million of the Term Loan was repaid from available cash and negotiations were successfully concluded with existing Term Loan lenders to extend the repayment date of the balance of the Term Loan of US$600 million to 2025 based on the same terms and conditions. 31 … 16-Oct-2020. Here you have access to all financial reports, presentations and other IR-relevant publications. Top stocks, the duration of these arrangements can be lease contracts or contracts... Powered equity ETF Ticker: Etho the fund is a series of ETF Managers Trust after revenue soars and! Subsidiaries, the Directors useful life of the half year are outlined.! 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