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FMG.AX · Fortescue 16.73 AUD -0.02 (-0.12%) 2026-SEP-18 02:13 EST

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2026-SEP-07 · Frank Giustra · David Lin · Neutralmention · ▶ 05:14 · source page ↗17.37 AUD

In short: Dean: the newest of the four seaborne majors (with BHP, Rio and Vale).

5:14How does iron ore fit into the picture alongside other metals that investors are familiar with? Anybody can take this question. — [Dean] I can kick it off and I'm sure Frank will add to it. Iron ore is a remarkably stable commodity, largely because some 60 to 70% of global seaborne supply comes from essentially four companies, and they're the majors, we're talking about the BHPs or Rio Tintos or Vale and more recently the Fortescues. And if you are a student of the iron ore price it has been very, very

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