Fortescue Ltd (ASX: $FMG) presented at the BMO Global Metals, Mining & Critical Minerals Conference 2024 on February 26, 2024. Dino Otranto, Chief Executive Officer, outlined the company's FY24 guidance and green energy initiatives.
Fortescue is focused on becoming the number one integrated green technology, energy, and metals company. The company is committed to achieving its decarbonization targets, with a goal of Real Zero by 2030 for Scope 1 and 2 terrestrial emissions and Net Zero Scope 3 Emissions by 2040. Fortescue is also investing in disciplined capital allocation, delivering returns to shareholders, and maintaining balance sheet strength while investing in growth and development.
Fortescue's presentation at the BMO Global Metals, Mining & Critical Minerals Conference 2024 highlighted the company's focus on green technology, energy, and metals. The CEO outlined the FY24 guidance, including iron ore shipments, C1 cost, and capital expenditure. Additionally, the company emphasized its commitment to decarbonization, with ambitious targets for emissions reduction. Fortescue's strategic focus includes disciplined capital allocation, delivering returns to shareholders, and maintaining balance sheet strength while investing in growth and development.