Fortescue (ASX:FMG) Other Gross PPE : A$0 Mil (As of Dec. 2023)

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What is Fortescue Other Gross PPE?

Fortescue's Other Gross PPE for the quarter that ended in Dec. 2023 was A$0 Mil.

Fortescue's quarterly Other Gross PPE increased from Dec. 2022 (A$0 Mil) to Jun. 2023 (A$12,634 Mil) but then declined from Jun. 2023 (A$12,634 Mil) to Dec. 2023 (A$0 Mil).

Fortescue's annual Other Gross PPE increased from Jun. 2021 (A$9,985 Mil) to Jun. 2022 (A$11,168 Mil) and increased from Jun. 2022 (A$11,168 Mil) to Jun. 2023 (A$12,634 Mil).

Fortescue Other Gross PPE Historical Data

The historical data trend for Fortescue's Other Gross PPE can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fortescue Other Gross PPE Chart

Fortescue Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Other Gross PPE

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7,617.60

9,743.08

9,985.27

11,167.70

12,633.71

Fortescue Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Other Gross PPE	Get a 7-Day Free Trial															-	11,167.70	-	12,633.71	-

Fortescue Other Gross PPE Calculation

GuruFocus lists Land And Improvements, Buildings And Improvements, Machinery, Furniture, Equipment, Construction In Progress and Other Gross PPE under the "Gross Property, Plant and Equipment" section.

Fortescue (ASX:FMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortescue Ltd (ASX:FMG) » Definitions » Other Gross PPE

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FSUMF:USA FSUGY:USA FVJ:Germany

Address

87 Adelaide Terrace, Level 2, East Perth, Perth, WA, AUS, 6004

Website

https://www.fortescue.com

Fortescue is an Australia-based iron ore miner. It has grown from obscurity start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 190 million metric tons in 2023 means Fortescue supplies nearly 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once it completes construction of its 22 million metric tons Iron Bridge magnetite mine. However, with longer-term demand likely to decline as China's economy matures, we expect Fortescue's future margins to be below historical averages. More recently, Fortescue diversified into green energy, with ambitions to become a major supplier of green hydrogen and green ammonia. Its efforts are early stage.

Fortescue (ASX:FMG) Headlines

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