Metalla‐analogues of archetypal aromatic molecules are attracting ever increasing interest. Although metallabenzenes (which fall within this class) have been well studied, fused‐ring metallabenzenes are rare and of the linear polycyclic metallaaromatic hydrocarbons, only metallanaphthalene is known. Herein we report the first metallaanthracene, [Ir(C13H8{CH2CO2Me‐5})Cl(PPh3)2]O3SCF3 (5), which represents the next member of this series of polycyclic compounds. Structurally, 5 has a number of features in common with anthracene including fused‐ring planarity and bond‐length alternation. In analogues of classic reactions of anthracene, 5 forms a Diels–Alder adduct with maleic anhydride and on oxidation the unprecedented fused‐ring metallaanthraquinone, [Ir(C15H6O{Br‐6}{OMe‐7}{=O‐8}{=O‐15})Br(PPh3)2], is obtained.