Fortescue Metals Group chairman Andrew Forrest has set his new chief executive Elizabeth Gaines a typically challenging target after vowing the miner would ship mostly high-grade iron ore in the future.
Ms Gaines was confirmed as the replacement for incumbent Fortescue chief Nev Power on Thursday, joining former Anglo American chief Cynthia Carrol and Hancock Prospecting's Gina Rinehart on the short list of women to have run multibillion-dollar mining companies.
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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com
