Fortescue Ltd shares steady as the Materials sector lower on Wednesday
Here is the latest company close update for Fortescue Ltd, FMG.
Fortescue Metals
Fortescue claims green iron lead over Rio, BHP
Fortescue says it will be producing green iron from a pilot plant in WA before its bigger rivals BHP and Rio Tinto have even worked out whether to push ahead with their own version.
Big solar farm for Forrest’s Fortescue operation
Andrew Forrest’s Fortescue plans to build all the renewable energy assets it needs to decarbonise its WA iron ore operations over the next five years.
Fortescue strikes $618m deal with Chinese machinery maker
Fortescue will spend up to $US400m ($618.2m) on equipment from Xuzhou Construction Machinery Group as it hedges its bets on the electrification of its mining fleet.
‘Green’ metal start-up lodges court appeal against Fortescue raid
Element Zero has lodged an appeal against a judge’s decision to let mining giant Fortescue seize millions of files from the homes and offices of its staff as part of an intellectual property fight.
How F1 secrets are powering fast charging at Fortescue
The key to Fortescue electrifying its haul fleet lies in the purchase of an F1 team offshoot where tech like charging trucks in seconds is ‘just the beginning’.
China strong enough to survive US trade war: Forrest
The mining magnate has stressed China’s ‘horsepower’ means trade will be healthy despite US election results, while outlining Fortescue’s future green energy plans.
ASX lifts on US election excitement; Fortescue avoids second strike
Local bourse rises strongly on broad gains. Future Fund puts MinRes on notice over Ellison ‘mistakes’. Fortescue to lean on government to help with green energy costs. Domain’s disappointing update weighs.
Fortescue execs face bonuses backlash
Fortescue intends to grant performance rights regardless of whether shareholders vote down the move at the company’s annual meeting in Perth on November 6.
ASX 200 ends flat after intraday rise; WiseTech, HMC among top gainers; Metcash falls
ASX 200 rise fades for third day running. Qantas ‘might have not survived’ without Alan Joyce and Richard Goyder: chair. WiseTech investors back founder’s reincarnation as consultant. Metcash profit warning. ResMed lifts on strong quarter earnings.
Richard White to stand down as WiseTech CEO
ASX 200 slips in cautious trading. WiseTech CEO resigns. CBA, Westpac rebuff flexible serviceability buffer call for home loans. Weak quarter weighs on Reece, Fortescue and Brambles. Super Retail tried to settle claims ahead of court fight. HMC lines up data play with $2bn Global Switch deal.
Element Zero to challenge court’s OK for Fortescue raids
Element Zero has lodged a request to challenge orders Fortescue obtained in secret from the Federal Court that allowed it to raid the homes of former staff.
The true cost of cut-price deal White knocked back
In one of the worst decisions ever made by a billionaire with more to lose than money, WiseTech boss Richard White could have settled his legal feud with Linda Rogan last year for just $400,000.
‘Oldest’ Pilbara Aboriginal site destroyed
The claims were challenged by another archaeologist, who labelled the 59,000 year estimate as “highly speculative”.
Forrests step down as co-chairs of Minderoo
Billionaire Andrew Forrest said he had opted to step aside to focus on his work as executive chairman of iron ore miner Fortescue.
Court backs Fortescue but judge unhappy with disclosure
Mining giant Fortescue has welcomed a Federal Court decision to throw out a request from its would-be ‘green’ steel competitor even though a judge questioned its commercial disclosure.
Writing on the wall for green hydrogen
Woodside Energy has joined Origin and Fortescue in rolling back the Albanese government’s ambitions to make Australia a global leader in green hydrogen.
Fortescue secures first win over Element Zero in court fight
Andrew Forrest and two former executives who left to start their own green steel company say they are looking forward to a courtroom battle in their dispute over intellectual property.
ASX 200 hits record on billionaires’ day of gains
BHP and Rio lead iron ore gains as billionaire-run Fortescue and MinRes also lift. Richard White’s WiseTech up after founder’s $46m selldown. Star hit with downgrades. Key Pacific Smiles shareholders reject Genesis bid. AUD above US69c.
Fortescue’s mining fleet to go green with mega $4bn truck order
Billionaire Andrew Forrest has challenged the mining sector to follow his company’s lead, after striking a $4bn deal with Liebherr for battery-powered trucks and excavators.
Original URL: https://www.theaustralian.com.au/topics/fortescue-metals