5 Biggest Iron Ore Mining Companies in Australia, 2024

4. Fortescue Ltd 

Market Capitalization: $51.27 billion

Fortescue Ltd are running the iron ore operations smoothly, with their three big mining hubs in the Pilbara region, and Iron Bridge magnetite mine. A vast 760km rail line connects these hubs, while running straight to Herb Elliott Port and Judith Street Harbour in Port Hedland.

In the Solomon Hub in the Hamersley Ranges, which is situated north of Tom Price and west of the Chichester Hub, top-notch Firetail ore is operated, making Fortescue’s cool Blend product.

Iron Bridge is now their pathway to the high-grade iron ore market, boosting their product range, enhancing their annual production, and shipping capacity.  Big moves are made by them in the iron ore market.