Mark Hutchinson
Advertisement
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
Latest
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
All systems go on hydrogen for Fortescue as iron ore output falters
Details of the miner’s further diversification into green hydrogen remain elusive, even as its $5.9 billion Iron Bridge magnetite project finally gets ready to deliver the goods.
- by Peter Milne
Original URL: https://www.smh.com.au/topic/mark-hutchinson-6fzp