Since the Company was formed in 2003, its extraordinary growth has been unparalleled. Listed in the S&P/ASX 50 share index, our goal is to become the lowest cost producer in the Pilbara, and we we are well on the way through the use of large scale, custom designed infrastructure together with the adoption of state of the art technology.

Construction of Fortescue's port, rail and mine project commenced in February 2006 with the turning of the first sod at the Company's port site at Anderson Point in Port Hedland. Just two years later in 2008, the open-access rail infrastructure was complete and operations were underway at the Fortescue Herb Elliott Port and at the Company's first minesite, Cloudbreak.

Shipping started on 15 May of 2008 and Project Completion was achieved within months. On the 18th of July, Fortescue's fifth anniversary, the Company successfully mined, railed and shipped at a rate of 24Mtpa for a one month period. This accomplishment occurred in line with the detailed business plan for its Pilbara Project.

In the first full year of operations, Fortescue mined, railed and shipped more than 27 million tonnes of iron ore to customers in China.

Many milestones have been achieved since then including the establishment of Fortescue's second minesite at Christmas Creek to create the Chichester Hub and the development of plans for the Solomon Hub of tenements to the west of the company's original mines.

Fortescue favours good people. People who believe any goal is achievable. Those who understand teamwork, generate ideas, use company money wisely, work with integrity, are energetic, enthusiastic and determined. Above all, people who enjoy being part of a family.