Annual General Meeting


Fortescue held its Annual General Meeting in Perth on Wednesday, 9 November 2016, highlighting the company’s continued performance in improving productivity and efficiency, generating strong operating cash flows for ongoing debt reduction.




Chief Executive Officer Nev Power said the Annual General Meeting held in Perth on 11 November, 2015 highlights the company’s achievements in sustainably driving costs down through improved efficiency, further improving competitiveness in a volatile market.

In FY15, Fortescue delivered a 15 percent improvement in safety, while shipping 165 million tonnes and further reducing C1 costs to target US$15 per tonne by the end of 2016.