Potential offtaker

Fortescue Metals Group Ltd.

www.fmgl.com.au

Estimated electricity consumption

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Countries of production presence

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Fortescue Metals Group Ltd is a leading Australian iron ore mining company that has been operating since 2003. The company is headquartered in Perth, Western Australia, and has operations in the Pilbara region of Western Australia. Fortescue Metals Group Ltd is one of the largest iron ore producers in the world, with an annual production capacity of over 170 million tonnes.

The company's mission is to be the safest, lowest cost, most profitable iron ore producer. Fortescue Metals Group Ltd is committed to sustainable development and has set ambitious targets to reduce its carbon footprint and achieve decarbonisation. The company is also committed to investing in renewable energy and has set a target to achieve net-zero operational emissions by 2040.

Decarbonisation is a key focus for Fortescue Metals Group Ltd, and the company is taking a number of steps to reduce its carbon footprint. The company has invested in energy efficiency measures, such as upgrading its mining equipment and improving its transport systems. Fortescue Metals Group Ltd is also investing in renewable energy, such as solar and wind power, to reduce its reliance on fossil fuels.

Corporate energy is another area of focus for Fortescue Metals Group Ltd. The company is committed to reducing its energy consumption and improving the efficiency of its operations. Fortescue Metals Group Ltd has implemented a number of energy-saving initiatives, such as installing LED lighting and improving the insulation of its buildings.

Corporate PPA (Power Purchase Agreement) is a key strategy for Fortescue Metals Group Ltd to achieve its renewable energy targets. The company has signed a number of long-term PPAs with renewable energy providers, which will provide the company with a reliable and cost-effective source of renewable energy. Fortescue Metals Group Ltd is also exploring the possibility of developing its own renewable energy projects, such as solar and wind farms.

Renewable energy is a key focus for Fortescue Metals Group Ltd, and the company is investing heavily in this area. The company has set a target to generate 15% of its energy from renewable sources by 2023, and is on track to achieve this goal. Fortescue Metals Group Ltd has also committed to investing in large-scale renewable energy projects, such as solar and wind farms, to help reduce its carbon footprint and achieve decarbonisation.

In conclusion, Fortescue Metals Group Ltd is a leading Australian iron ore mining company that is committed to sustainable development and decarbonisation. The company is investing heavily in renewable energy and has set ambitious targets to reduce its carbon footprint. Fortescue Metals Group Ltd is also committed to corporate energy and has implemented a number of energy-saving initiatives to improve the efficiency of its operations. Corporate PPA is a key strategy for the company to achieve its renewable energy targets, and the company is exploring the possibility of developing its own renewable energy projects. Overall, Fortescue Metals Group Ltd is a company that is committed to sustainable development and is making significant strides towards achieving its decarbonisation goals.

✓ Declared Net Zero commitment