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Dino Otranto

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Fortescue chair Andrew Forrest after driving a prototype hydrogen-powered electric haul truck called Europa – named after a moon of hydrogen-filled Jupiter.

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.

  • 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.

  • Peter Milne
Fortescue executive chair Andrew Forrest was at Iron Bridge in WA’s Pilbara in May 2023 when its first product arrived at Port Hedland.

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.

  • Peter Milne
Fortescue executive chairman Andrew Forrest in Port Hedland where Iron Bridge magnetite is loaded onto ships.

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.

  • Peter Milne

Original URL: https://www.theage.com.au/topic/dino-otranto-6gah