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FSUGY (Fortescue) Land And Improvements : $1,457 Mil (As of Jun. 2024)


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What is Fortescue Land And Improvements?

Fortescue's land and improvements for the quarter that ended in Jun. 2024 was $1,457 Mil.

Fortescue's quarterly land and improvements declined from Jun. 2023 ($1,285 Mil) to Dec. 2023 ($0 Mil) but then increased from Dec. 2023 ($0 Mil) to Jun. 2024 ($1,457 Mil).

Fortescue's annual land and improvements increased from Jun. 2022 ($1,199 Mil) to Jun. 2023 ($1,285 Mil) and increased from Jun. 2023 ($1,285 Mil) to Jun. 2024 ($1,457 Mil).

Fortescue Land And Improvements Historical Data

The historical data trend for Fortescue's Land And Improvements 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.

* Premium members only.

Fortescue Land And Improvements Chart

Fortescue Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Land And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,075.00 1,190.00 1,199.00 1,285.00 1,457.00

Fortescue Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Land And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,199.00 - 1,285.00 - 1,457.00

Fortescue Land And Improvements Calculation

Land is the surface or crust of the earth, which can be used to support structures, and may be used to grow crops, grass, shrubs, and trees. Land is characterized as having an unlimited life (indefinite). Land improvement is a long-term asset which indicates the cost of the constructed improvements to land, such as driveways, walkways, lighting, and parking lots.

Fortescue Business Description

Industry
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Traded in Other Exchanges
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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 2024 means Fortescue supplies around 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once its 22 million metric ton Iron Bridge magnetite mine ramps up, likely in 2026 or 2027. However, with longer-term demand likely to decline as China's economy matures, Fortescue's future margins are likely 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.