Fortescue Ltd 2013 AR2
The report details Fortescue's performance for the 2013 fiscal year, celebrating its first decade of growth. The company achieved record production, shipping 80.9 million tonnes of iron ore, a 41 percent increase from the previous year. Financially, Fortescue reported a net profit after tax of US$1.7 billion on US$8.1 billion in revenue, while successfully reducing its C1 operating costs to US$44 per wet metric tonne. In sustainability, the company met its milestone of awarding A$1.11 billion in contracts to Aboriginal businesses through its Billion Opportunities program and improved its safety performance with a 17 percent reduction in its Total Recordable Injury Frequency Rate.
Company: Fortescue Ltd
Sector: Materials
Country: Australia
Year: 2013
Type: AR2
Pages: 152
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Fortescue Ltd
Annual Report
The report details Fortescue's performance for the 2013 fiscal year, celebrating its first decade of growth. The company achieved record production, shipping 80.9 million tonnes of iron ore, a 41 percent increase from the previous year. Financially, Fortescue reported a net profit after tax of US$1.7 billion on US$8.1 billion in revenue, while successfully reducing its C1 operating costs to US$44 per wet metric tonne. In sustainability, the company met its milestone of awarding A$1.11 billion in contracts to Aboriginal businesses through its Billion Opportunities program and improved its safety performance with a 17 percent reduction in its Total Recordable Injury Frequency Rate.
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Document Details
Report Year
2013
Reporting Period
Jul 1, 2012 - Jun 30, 2013
Fiscal Year
2013
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees