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Change of Director's Interest Notice - Usha Rao-Monari
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This Month
‘They have levers to pull’: Forrest backs Beijing to withstand Trump
Iron ore billionaire Andrew Forrest doubts China will change course to respond to Donald Trump’s tariff barrage.
March
UBS says the market is too pessimistic about Fortescue after 11pc fall
The broker says the share price decline in the iron ore producer is stretched and is betting on the outlook for the commodity price to be resilient.
Billionaire Nicola Forrest appoints UBank boss to run family office
The country’s second-richest woman has been building up the charitable and investment sides of her family office, Coaxial Foundation and Coaxial Ventures.
Forrest family powerbroker had alleged role in big Fortescue decisions
Evidence provided by the ASX-listed miner’s executives to a US court suggests John Hartman was deeply involved in plans to move into the US energy market.
Forrest allegedly chased coal plant buy to ‘influence’ key US senator
Internal documents suggest Fortescue considered a $200 million deal based on its relationship with a US politician, whose IRA support was crucial to it passing.
Twiggy takes rivalry with Rinehart to the penthouse
The duo’s Sydney digs are so close they would be able to spot each other across the Sydney skyline.
February
Twiggy’s Time Magazine puff piece: a hat-trick of hot air howlers
You wouldn’t know from the puff piece TIME magazine ran on Andrew Forrest that the green hydrogen dream suffered a hat-trick of setbacks last week.
ASX closes at one-month low, CBA down 2pc; Megaport rallies
Shares closer lower; new jobs hit 44,000, topping forecasts; Megaport soars 19pc; banks slump; Magellan down 10pc; Fortescue, Rio cut dividend.
Investors dump iron ore stocks as big miners enter a new era
The major producers are posting lower profits and slashing dividends which is expected to accelerate as a new wave of iron ore supply hits prices.
What we learnt: Telstra’s mobile dominance is making investors say OMG
Telstra gets its balancing act right, Wesfarmers deregulates itself, Transurban goes for growth and Fortescue struggles to get its shiny project up and running.
Fortescue reconsiders US hydrogen timeline after Trump win
The Andrew Forrest-led mining giant has cut its green energy capex and is considering pausing $1 billion of approved hydrogen projects in Australia and the US.
Fortescue faces $1.8b native title compensation claim
The claim escalates a long battle over Yindjibarndi lands, home to Fortescue’s Solomon iron ore hub.
Two ports in WA’s Pilbara region reopen after Tropical Cyclone Zelia
Pilbara Ports said its hub for oil and gas had reopened after being shut since Friday due to the most severe storm in two years.
Fortescue board hires former HSBC boss Noel Quinn
The iron ore miner and hydrogen hopeful has recruited a second British establishment figure by bringing on the former banker as a non-executive director.
Why we stand up for our native title rights against Fortescue
With fair compensation for the impact of mining on our country, our people will be in a strong position to achieve even greater economic and cultural results in the decades to come.
Directors warn of investment delays amid Trump, election uncertainty
Company directors from Macquarie, Fortescue, Dexus and Perpetual say Donald Trump and the upcoming election will lead to projects being delayed or paused.
Messages reveal Forrest blasting executives over ‘most stupid’ deal
The communications were released in court proceedings over a failed plan to buy coal plants in Ohio and West Virginia and run them on clean-burning hydrogen.
At Fortescue, you really can ask the boss anything
A permanent ‘Ask-Us-Anything’ portal has prompted staff demands for everything from an office swimming pool to $100,000 cash prizes to more biscuits in kitchenettes.
Fortescue heart-to-hearts make unionisation redundant: Forrest
Chairman Andrew Forrest reckons his staff are unlikely to unionise, as workplace reforms bring unions back into the nation’s most lucrative export industry.