ASX
138 days, 10 hours ago 
FMG
Fortescue LTD
FY24 Modern Slavery Statement
Fortescue Metals Group (ASX: FMG) released its FY24 Modern Slavery Statement, highlighting its commitment to human rights and outlining actions taken to address modern slavery risks within its operations and supply chain.
ASX
172 days, 1 hours ago 
FMG
Fortescue LTD
Results of Annual General Meeting
Fortescue Metals Group's Annual General Meeting saw all resolutions except a conditional spill resolution pass, with high levels of support from shareholders.
ASX
172 days, 6 hours ago 
FMG
Fortescue LTD
AGM Presentation 2024
Fortescue Ltd reported a net profit after tax of A$8.7 billion in FY24, alongside A$42 billion in dividends paid to shareholders, while highlighting significant progress in its decarbonization initiatives.
ASX
185 days, 10 hours ago 
FMG
Fortescue LTD
September 2024 Quarterly Production Report
Fortescue Metals Group reported record first-quarter iron ore shipments of 47.7 million tonnes, exceeding expectations and driven by strong performance at its Iron Bridge mine, while also highlighting significant progress in its green initiatives.
Better than expected
 
ASX
205 days, 9 hours ago 
FMG
Fortescue LTD
Notice of Annual General Meeting
Fortescue Ltd (ASX: FMG) has announced its Annual General Meeting will be held on November 6, 2024, at Optus Stadium in Burswood, Western Australia, with shareholders invited to vote on key resolutions including director elections and a remuneration report.
ASX
229 days, 7 hours ago 
FMG
Fortescue LTD
Listing Rule 3.13.1 Disclosure
Fortescue Metals Group (FMG) announced its 2024 Annual General Meeting will be held on November 6th, 2024, and the nomination deadline for new directors is September 18th, 2024.
ASX
269 days, 9 hours ago 
FMG
Fortescue LTD
Appointment of Non-Executive Director
Fortescue Ltd appoints Noel Pearson, a prominent Australian indigenous leader, as a Non-Executive Director to its board.
ASX
276 days, 10 hours ago 
FMG
Fortescue LTD
June 2024 Quarterly Production Report
Fortescue Metals Group reports record iron ore shipments, improved safety performance, and progress in green energy projects for the June 2024 quarter.
Better than expected
 
Delay expected
 
ASX
284 days, 2 hours ago 
FMG
Fortescue LTD
Management and Organisational Update
Fortescue Ltd. is streamlining its organizational structure, resulting in the appointment of new leadership roles and a reduction of approximately 700 positions globally.
ASX
300 days, 10 hours ago 
FMG
Fortescue LTD
Retirement of Company Secretary
Fortescue Ltd confirms the retirement of Mr. Cameron Wilson as Company Secretary, effective June 30, 2024, as previously announced.
FMG 
Fortescue LTD 
ASX

Retirement of Company Secretary

Sentiment:
 Company Announcement
 30 June 2024 6:25 PM

Fortescue Ltd confirms the retirement of Mr. Cameron Wilson as Company Secretary, effective June 30, 2024, as previously announced.

Summary
  • Fortescue Ltd (ASX: FMG) announced the retirement of Mr. Cameron Wilson from his role as a Secretary of the Company.
  • The retirement is effective as of June 30, 2024.
  • This was previously announced in February 2024.
  • Mr. Phil McKeiver will continue as Company Secretary for Fortescue, a role he has held since November 2023.
Sentiment

Score: 7

Explanation: The announcement is a routine corporate governance matter with a previously announced retirement and a smooth transition. There is nothing to suggest a negative outlook.

Highlights
  • Mr. Cameron Wilson retired from his role as a Secretary of Fortescue Ltd on June 30, 2024.
  • Phil McKeiver continues as Company Secretary, a role he has held since November 2023.
  • The retirement was previously announced in February 2024.
Positives
  • The transition of Company Secretary duties appears to be well-managed with a previously announced retirement and an existing Company Secretary in place.
Industry Context

Changes in company secretary roles are a normal part of corporate governance. The announcement is straightforward and doesn't suggest any broader issues within the company.

Stakeholder Impact
  • Shareholders: Minimal direct impact as this is an administrative change.
  • Employees: No significant impact expected.
  • Customers: No impact expected.
  • Suppliers: No impact expected.
  • Creditors: No impact expected.
Key Dates
  • November 2023: Phil McKeiver assumed the role of Company Secretary.
  • February 2024: Previous announcement of Cameron Wilson's retirement.
  • June 30 2024: Effective date of Cameron Wilson's retirement.
Keywords
Company Secretary, Fortescue, Retirement, FMG, Corporate Governance
FMG 
Fortescue LTD 
ASX
Sector: Materials
 
Filings with Classifications
Worse than expected
19 February 2025 4:18 PM
Half Year Results
  • The company's revenue, NPAT, EBITDA, and free cash flow all decreased compared to H1 FY24, indicating a decline in financial performance.
Better than expected
19 February 2025 4:18 PM
Half Year Results
  • The record half-year iron ore shipments of 97.1Mt indicate better than expected operational performance.
Delay expected
19 February 2025 4:18 PM
Half Year Results
  • The schedule for Iron Bridge operating at nameplate capacity of 22Mt per annum is under review, potentially delaying full production.
  • The development timeframes of Fortescue's Arizona Project and Gladstone PEM50 Project are being reconsidered.
Delay expected
19 February 2025 4:17 PM
Half Year Report
  • The final piece of work, the development of a Safety and Duress App, has been granted an extension until July 2025.
Worse than expected
19 February 2025 4:17 PM
Half Year Report
  • The net profit after tax decreased compared to the prior period due to lower average revenue and increased costs.
Better than expected
4 February 2025 5:20 PM
Merger Announcement
  • The offer price increased from A$1.05 to A$1.20 per share, which is better than the initial offer.
Capital raise
4 February 2025 4:45 PM
Supplementary Targets Statement
  • The document mentions that if the Offer lapses, there is a strong possibility that Red Hawk will need to conduct an equity raise and Shareholders may be diluted.
Capital raise
27 January 2025 5:59 PM
Merger Announcement
  • Red Hawk's cash balance as at 31 December 2024 was $1.3 million.
  • If shareholders do not accept the Offer, then there is a strong possibility that Red Hawk will need to conduct an equity raising in the near term and shareholders may be diluted.
Better than expected
27 January 2025 5:59 PM
Merger Announcement
  • The offer price is higher than the independent expert's assessed valuation range.
  • The offer provides a significant premium to recent historical trading prices.
Better than expected
27 January 2025 5:27 PM
Merger Announcement
  • The offer represents a significant premium to the recent trading price of Red Hawk shares, indicating a better than expected outcome for shareholders.
Better than expected
27 January 2025 5:22 PM
Takeover Bidder's Statement
  • The offer price represents a significant premium to the recent trading price of Red Hawk shares, making it a better outcome for shareholders compared to the current market valuation.
Better than expected
27 January 2025 4:59 PM
Merger Announcement
  • The offer represents a significant premium to Red Hawk's share price, making it a better outcome for shareholders than the current market valuation.
Better than expected
22 January 2025 5:30 PM
Quarterly Production Report
  • The company achieved record half-year shipments, indicating better than expected operational performance.
  • The company's hematite C1 costs were 10% lower than the previous quarter, indicating better than expected cost control.
  • The company's TRIFR was 44% lower than the previous year, indicating better than expected safety performance.
Better than expected
23 October 2024 6:04 PM
Quarterly Production Report
  • The record first-quarter iron ore shipments of 47.7 million tonnes exceeded expectations, driven by strong performance at the Iron Bridge mine.
Delay expected
24 July 2024 6:28 PM
Quarterly Production Report
  • The ramp up to full production capacity at Iron Bridge is still expected in the September quarter 2025.
Better than expected
24 July 2024 6:28 PM
Quarterly Production Report
  • The company achieved record iron ore shipments, indicating better than expected operational performance.
  • The company's Total Recordable Injury Frequency Rate (TRIFR) improved by 28% to 1.3, indicating better than expected safety performance.
Worse than expected
23 April 2024 6:31 PM
Quarterly Production Report
  • Iron ore shipments were 6% lower than Q3 FY23 due to the ore car derailment and weather disruptions.
  • Pilbara Hematite C1 cost increased by 7% compared to the previous quarter due to lower sales volumes.
  • Pilbara Hematite average revenue realized only 85% of the average Platts 62% CFR Index due to timing of sales.
Delay expected
23 April 2024 6:31 PM
Quarterly Production Report
  • Shipments are expected to be at the lower end of the FY24 guidance range due to the derailment and weather impacts.
Worse than expected
1 April 2024 6:34 PM
Project Update
  • The lapse of the buyer condition precedent in the PPA with Fortescue introduces uncertainty to the project, making the results worse than expected.
Delay expected
1 April 2024 6:34 PM
Project Update
  • The buyer condition precedent was not satisfied by the revised sunset date of 31 March 2024, potentially delaying the project's financial close.

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.