Vale Competitors and Similar CompaniesClear all
Fortescue's competitors and similar companies include BHP, UMMC, Glencore and Anglo American.
 Fortescue Fortescue is an integrated green technology, energy, and metals company that develops infrastructure and mining assets. |  UMMC UMMC (УГМК, Ural Mining Metallurgical Company) is a producer of major commodities including copper, zinc, coal, gold, and silver. |  Glencore Glencore (formerly known as Glencore Xstrata) is a natural resources company that specializes in the production, refinement, processing, storage, transport, and marketing of metals, minerals, and energy products. | |||
Founding Date | Founding Date 2003 | Founding Date 1851 | Founding Date 1999 | Founding Date 1974 | Founding Date 1917 |
Type | Type Public | Type Public | Type Private | Type Public | Type Public |
Tags | |||||
Locations | Locations East Perth, AU HQ South Hedland, AU South Hedland, AU | Locations Melbourne, AU HQ Adelaide, AU Brisbane City, AU Brisbane City, AU Perth, AU Belo Horizonte, BR Saskatoon, CA see more | Locations Verkhnyaya Pyshma, RU HQ Moscow, RU | Locations Baar, CH HQ Buenos Aires, AR Buenos Aires, AR Brisbane, AU Newcastle West, AU Singleton, AU Sydney, AU see more | Locations London, GB HQ Brisbane, AU Belo Horizonte, BR Santiago, CL Shanghai, CN Lima, PE Singapore, SG see more |
Employees | Employees 13,690 | Employees 42,3198% increase | Employees 80,0006% decrease | Employees 150,000 | Employees 60,00043% decrease |
Valuation ($) | Valuation ($) 41.8 b | Valuation ($) 156.3 b | Valuation ($) N/A | Valuation ($) 69.6 b | Valuation ($) 38.6 b |
Financial | |||||
Revenue (est.) | Revenue (est.) $18.2b (FY, 2024) | Revenue (est.) $55.7b (FY, 2024) | Revenue (est.) ₽299.5m (FY, 2022) | Revenue (est.) $217.8b (FY, 2023) | Revenue (est.) $27.9b (FY, 2023) |
Cost of goods | Cost of goods $6.6b (FY, 2024) | Cost of goods $6.2b (FY, 2024) | Cost of goods ₽265.3m (FY, 2022) | Cost of goods $201b (FY, 2023) | Cost of goods $7.5b (FY, 2023) |
Gross profit | Gross profit $11.7b (FY, 2024) | Gross profit $50.7b (FY, 2024) | Gross profit ₽34.2m (FY, 2022) | Gross profit $16.9b (FY, 2023) | Gross profit $23.4b (FY, 2023) |
Net income | Net income $5.7b (FY, 2024) | Net income $9.6b (FY, 2024) | Net income ₽14.7m (FY, 2022) | Net income $3.2b (FY, 2023) | Net income $1.3b (FY, 2023) |
Operating ⚠ | |||||
Cobalt Produced, tonnes | Cobalt Produced, tonnes N/A | Cobalt Produced, tonnes 238 (Q1, 2023) | Cobalt Produced, tonnes N/A | Cobalt Produced, tonnes 11.2 k (Q2, 2023) | Cobalt Produced, tonnes N/A |
Copper Produced, tonnes | Copper Produced, tonnes N/A | Copper Produced, tonnes 410.1 k (Q1, 2023) | Copper Produced, tonnes N/A | Copper Produced, tonnes 243.9 k (Q2, 2023) | Copper Produced, tonnes 198 k (Q1, 2024) |
Lead Produced, tonnes | Lead Produced, tonnes N/A | Lead Produced, tonnes 228 (Q1, 2023) | Lead Produced, tonnes N/A | Lead Produced, tonnes 48.1 k (Q2, 2023) | Lead Produced, tonnes N/A |
Nickel Produced, tonnes | Nickel Produced, tonnes N/A | Nickel Produced, tonnes 20.7 k (Q1, 2023) | Nickel Produced, tonnes N/A | Nickel Produced, tonnes 25.5 k (Q2, 2023) | Nickel Produced, tonnes 9.5 k (Q1, 2024) |
Zinc Produced, tonnes | Zinc Produced, tonnes N/A | Zinc Produced, tonnes 32.7 k (Q1, 2023) | Zinc Produced, tonnes N/A | Zinc Produced, tonnes 229.4 k (Q2, 2023) | Zinc Produced, tonnes N/A |
For sources of this data, please see the company profile
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BHP
HQ
Melbourne, AU
Employees
42,319↑ 8% increase
BHP Group (formerly known as BHP Billiton) is a mining and metals company.
View companyUMMC
HQ
Verkhnyaya Pyshma, RU
Employees
80,000↓ 6% decrease
UMMC (УГМК, Ural Mining Metallurgical Company) is a producer of major commodities including copper, zinc, coal, gold, and silver.
View companyGlencore
HQ
Baar, CH
Employees
150,000
Glencore (formerly known as Glencore Xstrata) is a natural resources company that specializes in the production, refinement, processing, storage, transport, and marketing of metals, minerals, and energy products.
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Anglo American
HQ
London, GB
Employees
60,000↓ 43% decrease
Anglo American is a mining company that develops and operates resource assets.
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