Detroit, Michigan — According to state and local development sources, Fortescue plans to invest $35,000,000.00 to build out new space in Detroit. The company plans to occupy the new space in Detroit, on or about June 1, 2025. According to the company website Were a proud West Australian company, recognised for our culture, Values, innovation and industry leading development of infrastructure and mining assets. As one of the worlds lowest cost iron ore producers, Fortescue is now shipping at an annual rate of over 180 million tonnes with more than 1.7 billion tonnes of iron ore delivered to our customers since 2008. Through our green energy and technology company FFI, we are rapidly diversifying our business to become an integrated, global green energy and resources company. Key to this transition are our industry leading targets to achieve carbon neutrality for Scope 1 and 2 emissions by 2030 and net zero Scope 3 emissions by 2040. For our size and scale, there is no other mining company in the world that is taking the action we are to eliminate emissions.

To learn more about Fortescue, visit http://fortescue.com/

Company Contact:
Mark Hutchinson, Chief Executive Officer
mark.hutchinson@fortescue.com
https://www.linkedin.com/in/markhutchinsonge/
61 8 6218 8888

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