Fortescue Metals Group Ltd is an Australian iron ore company. Fortescue is the fourth largest Iron ore producer in the world as of March 2011. The company has holdings of more than 87,000 km² in the Pilbara region of Western Australia making it the largest tenement holder in the state, larger than both BHP Billiton and Rio Tinto. Wikipedia.
PERTH A tropical cyclone gathered strength as it headed for the northwest coast of Western Australia on Saturday, forcing ports to close and mining companies to evacuate. Cyclone Stan, the first of a season which runs from November to April, was estimated to be 195 km (120 miles) north of Port Hedland and moving southeast, the Australian Bureau of Meteorology said. It is forecast to intensify and cross the coast northeast of Port Hedland, the world’s largest iron ore export hub, late on Saturday. “Very destructive winds with gusts to 170 km/h are possible near the cyclone center as it makes landfall later on Saturday or early Sunday,” the weather bureau said. It has issued communities in Port Hedland and Dampier and surrounding coastal and inland areas with a yellow alert, meaning they need to move to shelter. The bureau also warned of a potential dangerous storm tide with “damaging waves and dangerous flooding”. The ports of Dampier and Port Hedland, through which gas from the northwest shelf and almost half of the world’s seaborne iron ore are shipped, were closed, authorities said. A BHP Billiton spokesman said the company was closely monitoring the cyclone. “All tie-down activities have been completed and staff have been evacuated with a minimal number remaining for security and observation purposes,” the company said in a statement. The Port Hedland facility also ships cargo for Fortescue Metals Group, while Rio Tinto ships iron ore through Dampier.
Category 2 cyclone Stan made landfall some 120 km (75 miles) north east of the world’s largest iron ore export hub, Port Hedland, in the early hours of Sunday morning, the Australian Bureau of Meteorology said. The cyclone is just one of the severe weather events Australia experienced during the weekend, with several weather fronts hitting the nation. One man was killed after being swept away by floodwaters overnight in southern Queensland, state police said on Sunday. In New South Wales a mini-tornado destroyed several homes while roads were flooded and power cut in several regions. In Tasmania, some 80 wild fires have been burning mostly in the west of the island state since lightening struck on January 13, destroying more than 72,000 hectares of bushland, including 1,000-year-old trees in World Heritage listed forests. In Tasmania’s east, communities were warned to brace for further flooding on Sunday as heavy rainfall was forecast. While inland communities in Western Australia's Pilbara remained on red alert as Cyclone Stan tracked southeast and weakened on Sunday, port authorities in Dampier and Port Hedland, through which almost half the world’s seaborne iron ore is shipped, were readying to reopen following their closure on Friday, a ports spokeswoman told Reuters. More than 37.5 million tonnes of iron ore was shipped from Port Hedland in December, latest figures show, with the bulk of it heading for steel mills in China. BHP Billiton Ltd., which evacuated workers from its port operations, said in a statement that any impact to production or sales will be reported in its next operational review. Smaller miner Fortescue Metals Group, said in a statement during the shutdown on Saturday that there was no change to the company’s shipping guidance, which takes the weather impact of cyclones into account, this financial year. Cyclone Stan is the first of the season which usually runs for six months from Nov. 1.
News Article | April 20, 2010
The Australian Broadcasting Corporation last night revealed that Rio Tinto, BHP Billiton and Fortescue Metals had been hit by Chinese cyberattacks, one being in the lead up to the sentencing of former Rio Tinto mining executive Stern Hu. "Hackers have worked to penetrate the companies' computers systems to steal confidential data," ABC1's Four Corner's programme host Marian Wilkinson said on Monday night on an episode entitled Chinese Whispers. The attack on Rio Tinto was confirmed to Four Corners by former employees of the company and a senior government source. The program said the attacks were "sufficiently serious" for Rio to take its Singapore office offline for "almost three days immediately following Stern Hu's arrest, as it upgraded its network security". For more on this story, see Chinese cyber attacks on miners: report on ZDNet Australia.
News Article | March 24, 2015
ZDNet has run an editorial webinar that looked at issues surrounding the disposal of devices when it comes to end of life. Employees who bring their own devices into the office for business use has helped companies cut hardware and service costs. However, in some cases, it has also resulted in an added burden upon the IT departments tasked with maintaining these devices. Journalist Krishan Sharma was joined by former Fortescue Metals CIO, Vito Forte and Data#3's national practise manager David Barclay to discuss BYOD issues in an editorial webinar. The panel looked at what happens with devices that are no longer being used; who should be responsible for disposal of the product; whether the IT department should recycle the product; and whether it is the department's responsibility to wipe the device. Krishan, David and Vito also discussed the issues to consider at the end of a buying cycle when looking at purchasing devices for the next buying cycle. Watch the video to learn about the pitfalls of disposing of BYOD devices that have come to its end of life.
News Article | May 19, 2014
Since Australia's fourth largest iron ore producer, Fortescue Metals Group, overhauled its business process management (BPM) strategy nearly a year ago at its Cloudbreak mining site, its operating expenses yielded nearly AU$30 million in savings. Speaking at the Gartner BPM Summit 2014 in Sydney today, Peter O'Dea, Fortescue Metals Group senior business improvement manager, said the company figuratively "spent nothing" working on developing a simple Short Interview Control (SIC) decision support that would help maximise the utilisation of its mining fleet, and provide real-time visibility and decision support. "We had a lot of data but it wasn't in a usable format that we could get to," he said. "What would happen is, we would load this data in the dreaded spreadsheet at the end of the day, and we'd give it to the supervisor to show how the day went, but too bad the supervisor couldn't do too much with that. "Where we want our supervisors is out in the pit looking after the 40 or 50 people and AU$300 million assets they have under their control. When we benchmarked all our fleet and normalised it for the density and distance internally and with other companies around the world, we could see we weren't using the data as well as we could, and that was the drive that got us going." At the Cloudbreak mining site, the company had a total of 100 trucks on-site, including 20 long haul trucks and 20 diggers that moved 200 million tonnes of earth a year. With the implementation of SIC, over a six month period, the company saw diggers efficiency increase by 11 percent, with each machine producing an additional 340 tonnes of ore per house. Meanwhile, the trucks were 30 percent more efficient, hauling an additional 90,000 tonnes per kilometre per truck per week. Fortescue Metals Group CIO, Vito Forte, said when a lot of the reporting happened through Excel, it created "FUD" and moved supervisors off-site to desks that resulted in "a lot of averaging of data, which didn't give good decision support". Forte continued to say that the company took an integrated team approach to make the rollout happen. "One of the key things for us was to make sure the director of operations was on board, because his sponsorship at this level was a critical component. It ended up bringing together the right players, and to find out what they needed, when they needed it, and for us to meet that," he said. According to Forte, the Cloudbreak mining site project is just phase one for what the company has planned. "We have two other mines to rollout to. This, at the moment, only covers the pit performance aspect. We hope the savings will translate two, or three, or four times amount over the coming 12 months," he said.