Dino Otranto
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Fortescue dividend delivers for Forrest despite modest profit jump
A month after shedding 700 workers, Fortescue has posted an annual profit of $8.4 billion supporting a $2.2 billion payout to the miner’s biggest shareholders Andrew and Nicola Forrest.
- by Peter Milne
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Andrew Forrest isn’t giving up on his green iron Pilbara dream
Weeks ago Fortescue dumped a target to be a major producer of green hydrogen by 2030, but Andrew Forrest still insists his native Pilbara can supply the globe with green iron.
- by Peter Milne
Fortescue’s high-grade iron ore dream springs a leak
Billionaire Andrew Forrest’s troubled foray into producing high-grade ore has suffered another setback.
- by Peter Milne
Clock ticks on Forrest’s green dream as Fortescue nears due dates
The deadline to launch five green hydrogen projects this year is closing, but the miner’s results reveal the commitment may not be as definitive as it appeared.
- by Peter Milne
Original URL: https://www.smh.com.au/topic/dino-otranto-6gah