170th Sydney Mining Club With Nev Power CEO of Fortescue (ASX:FMG) at The Sheraton on the Park in Sydney Aug. 30, 2012
Luckily, the new venue - the Sheraton on the Park - is just a few doors down Elizabeth Street from the Tattersall's Club where we usually hold our meetings.
Nev's talk is shaping up to be the club's biggest event. After all, it is rare that a major miner declares it wants to triple in size over the next 2 years.
So join us for the club's 170th lunch on Level II at the Sheraton on the Park Hotel, 161 Elizabeth Street, Sydney.
If you thought Fortescue's rise from nowhere over the past decade to be the world's 4th largest iron ore producer was impressive, you ain't seen nothing yet.
The company's aggressive growth strategies will build on last quarter's record shipments and more than double them to a targeted 155mtpa in 2013-14.
Nev replaced Twiggy Forrest as CEO in July last year when Twiggy became the company's non-executive chairman.
An avid aviator, Nev's ambitions for the company are as high-flying as his leisure pursuits. He wants to build the iron ore miner into "one of the world's great companies" and has ambitions to boost production to 355mpta and "make us a serious player".
Nev holds both helicopter and fixed wing licences with endorsements on a range of aircraft, and has set a course for Fortescue's growth.
So join the rush to hear him outline that course at the Sheraton on the Park on 30 August. The room will be full of miners, investors, bankers, brokers, and reporters.
About Fortescue Metals Group Ltd
Development of the East Pilbara Iron Ore Project.
About Sydney Mining Club
The first Sydney Mining Club forum was held in March 1997.
The initial impetus for the formation of the Sydney club was discontent in the mining community with many aspects of the professional institutes and most of all with their ability to bring people together. Our activism led to the first changes to the constitution of the largest Institute in more than a century.
Sydney Mining Club
Fortescue Metals Group Ltd