ASX Announcements
Change of Director's Interest Notice - Usha Rao-Monari
Change of Director’s Interest Notice
Change of Director's Interest Notice - Dr Larry Marshall
Change of Director’s Interest Notice
Change of Director's Interest Notice - Mark Barnaba
Change of Director’s Interest Notice
Change in substantial holding for RHK
Change in substantial holding
Change in substantial holding for RHK
Change in substantial holding
Yesterday
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.
February
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.
January
Twiggy and Nicola Forrest’s Minderoo is sitting on billions
If charities are meant to spend their donations, why is Minderoo sitting on such a big pile of cash?
Fortescue offers $254m for nearby Pilbara iron ore deposit
Billionaire Andrew Forrest’s Fortescue has secured the backing of deposit owner Red Hawk’s board with an all-cash offer.
Fortescue posts record tonnes as tariff threat hangs over iron ore
Shares in Australia’s top three iron ore miners have fallen since US President Donald Trump threatened to impose 10 per cent tariffs on China.
Woolworths and Coles remain top Aussie brands despite court action
Commonwealth Bank has reclaimed the title of Australia’s most valuable brand after delivering a $10 billion full-year cash profit in 2024.
Why this exec allows colleagues to see everything in her diary
Sinead Booth, group manager of decarbonisation delivery at Fortescue Metals, is one of the 2024 BOSS Young Executives. She practises radical transparency when it comes to her calendar.
FIFO mining camp operator bleeds cash as losses mount
French company Sodexo’s expansion into Australian FIFO camps has racked up nearly $177 million in cumulative losses over the past nine years.
Exxon accuses Forrest-linked charity of helping billionaire’s interests
The oil and gas giant has described philanthropic organisations connected to the businessman as “corrupting influence of foreign money”. They deny those claims.