Fortescue vows to come clean on green projects
At last, Fortescue shareholders may get answers on when the company will start building the green energy projects Andrew Forrest says will become the core of its future business.
Andrew Forrest
Green energy arm worth $29bn: Forrest
Fortescue Metals chairman Andrew Forrest says bankers have valued the mining major’s green energy subsidiary at $29bn, as it shelves the search for a new chief for its iron ore division.
Forrest fit to fight Facebook challenge
Andrew Forrest’s legal team is confident it can kill off any push by Facebook to challenge whether Australia’s courts have the jurisdiction to hold it responsible for fraudulent advertising on its platforms.
Andrew Forrest’s Wyloo backs rare earth play
Wyloo Metals has expanded its remit to rare earths, tipping $150m into Hastings Technology Metal’s play to take a stake in a Canadian-listed refiner.
Forrest eyes Waldorf Astoria purchase for $600m
The mining magnate is negotiating to acquire the yet-to-be-built luxury hotel fronting Sydney’s Circular Quay.
AGL signs Japanese partners, expands Hunter hub plans
The energy giant has also brought on APA Group and Jemena as it develops the Liddell and Bayswater power station sites alongside Fortescue Future Industries.
Forrest flags LNG imports from Queensland
Andrew Forrest has proposed shipping Queensland LNG to his NSW import terminal, bypassing access constraints on east coast pipelines.
Fortescue hands FFI $1bn war chest
Fortescue Metals’ green energy subsidiary has a $1bn war chest left over from record profit in the 2021 financial year.
Private investors lead charge for Perth assets
Private capital is leading a new wave of dealmaking in Perth, with tycoons Gina Rinehart and Andrew Forrest active and lower-profile players also buying assets.
No joke! Staffer to blame for Twiggy’s dud gag
Turns out Fortescue’s executive chairman Andrew Forrest is not completely to blame for a dud joke at the recent Sydney Energy Forum, with one of his staffers fessing up on TikTok.
Twiggy’s hydrogen atom joke bombs
‘Do you know what happens when two hydrogen atoms decide to have a threesome with an oxygen atom?’ The billionaire didn’t get the response he hoped.
US, Andrew Forrest warn on China energy threat
The US and Australia are vulnerable to China dominating the $US23 trillion global market for clean energy, the latest flashpoint amid deteriorating political and economic relations.
Regis Resources golden opportunity for Aussie miners
Fortescue Metals boss Andrew Forrest may have walked away from Regis, but others believe it is ripe for the picking for another gold miner.
Brisbane duo $24m richer after sale to Forrest-backed firm
Two Queensland businessmen are enjoying a $24m windfall after selling the mobile phone business Moose they started six years ago to a firm backed by Andrew Forrest.
R.M. Williams bumps up boot prices
The luxury price tag of Australia’s iconic R.M. Williams boots, worn from the bush to the boardroom, has inched a bit higher this week.
Sun Cable taps Macquarie, Moelis for $35bn funding package
Sun Cable, the ambitious renewable energy project backed by Andrew Forrest and Mike Cannon-Brookes, has formally launched the effort to land the $35bn needed to make the dream come true.
Market sceptical about Forrest’s plans after Regis raid
Andrew Forrest’s claim that he’s wasn’t interested in a buyout of Regis Resources when he raided the register late last week has been met with scepticism.
Forrest abandons plans to buy 15pc of Regis Resources
The Fortescue Metals boss tried to buy 15 per cent of Regis Resources on Thursday after recently buying up BWX and AACo stakes.
Forrest raids Regis Resources, seeks 15pc stake
The interests of Andrew Forrest have raided the Regis Resources register, buying a stake of up to 15 per cent worth about $168m.
Doubts over BWX’s execution powers as slowdown looms
Analysts downgrade the beauty products group, saying its move to raise $23m from shareholders, including Andrew Forrest, is another sign of CEO exit ‘struggles’ and suboptimal execution.
BWX in trading halt ahead of likely downgrade
Days after Andrew Forrest bought shares in BWX, the beauty products company is expected to raise capital and downgrade earnings forecasts.
Sun Cable project plots green funding targets
The $35bn Sun Cable project will target superannuation firms and the Northern Australia Infrastructure Facility as it seeks to reach financial close by 2024.
Meta shows face in court to fight Forrest
Social media giant Facebook is disputing whether Australia and iron ore billionaire Andrew Forrest have the jurisdiction to bring criminal charges against the group.
ASX 200’s worst week since March 2020
The ASX 200 index closes down 6.6 per cent for the week amid recession fears. Andrew Forrest’s Tattarang Group shells out $122m to raise AACo stake to 17.4pc. GUD dives 20 per cent.
Richo’s dispute over Townsville diner turns sour
Details of the restaurant dispute between Graham Richardson and Danny Meares paint contrasting pictures, depending on which side of the table you were sitting.
Taxpayer subsidies a boon for billionaires
WA taxpayers will tip in another $9.3m towards preparing a prime waterfront site on the banks of the Swan River for local billionaires Kerry Stokes and Andrew Forrest.
‘Lying to shareholders’: Twiggy slams greenwashing
Fortescue Metals chairman tells World Economic Forum in Davos that some of the biggest polluters are getting away with ‘abhorrent’ greenwashing.
Masterclass: How Twiggy Forrest spreads investments
Andrew ‘Twiggy’ Forrest is worth up to $30 billion, largely from his stake in iron ore miner Fortescue. But his strategy is much broader than that.
Miners to embrace moderate agenda
The resources industry warns Labor must keep to its promises for a moderate agenda in government, while welcoming climate policy certainty.
Fortescue makes a hash of CEO succession
Andrew Forrest’s decision to return to the helm of Fortescue’s iron ore business strongly suggests that internal candidates for the role are now out of the running for a promotion.
Original URL: https://www.theaustralian.com.au/topics/andrew-forrest/page/11