Fortescue Metals Group
Trump kills Twiggy Forrest’s US green hydrogen dream
The Australian billionaire has terminated a major hydrogen project in the US as the president guts clean energy funding and unwinds efforts to fight climate change.
- Nick Toscano
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- Analysis
- China relations
Why Twiggy’s happy to cut the oranges for Team Australia
Andrew Forrest, the mining tycoon turned climate saviour, was in trademark form as he – wearing a Ukraine flag pin on his jacket – praised the PM, issued AI warnings and trumpeted green steel.
- Paul Sakkal
Dark clouds gather over Australia’s red earth riches
China’s voracious appetite for iron ore has kept the Australian economy prosperous for decades. But demand is starting to cool.
- Simon Johanson and Nick Toscano
The Pilbara is at risk of becoming a ‘wasteland’. Could green iron help?
As Australia’s iron giants face difficulties maintaining the quality of their supplies, there are fears demand could shrink as Chinese steel mills go green.
- Simon Johanson and Nick Toscano
‘It’s a con’: Billionaire ‘Twiggy’ Forrest unloads on net zero
Despite doubts about the economics of green hydrogen and Donald Trump’s aversion to clean energy, Andrew Forrest isn’t ready to back down on his dream.
- Matt Oliver
Why Andrew Forrest bankrolled David Attenborough’s last great project
The mining billionaire was a nature-loving teenager when he first fell in love with Attenborough’s films.
- Rob Harris
Australians are being misled by ‘dodgy’ offsets, say Fortescue
The iron ore giant says the public is being misled into believing that low-quality carbon offset schemes will lead to net zero, despite evidence that only reducing fossil fuels will work.
- Michael Bachelard
Fortescue, Yara Pilbara highlight hurdles to renewable energy hub in WA
Two companies have laid bare the hurdles that will have to be overcome if WA is to become a renewable energy hub, as a Labor MP aired frustrations with a lack of “meaningful action” on the energy transition.
- Jesinta Burton
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- Bulls N' Bears
‘Big Dogs’ keep adding bite for junior mining partners
In tough times for many junior ASX mining companies, luring a “big dog” onto the share register to add financial grunt has become a common boardroom pursuit.
- Craig Nolan
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
Original URL: https://www.theage.com.au/topic/fmg-m5