Twiggy’s press attack smacks of Palmer histrionics
If Andrew Forrest is so enraged with the menacing West Australian’s coverage of his company he could just buy the paper.
Fortescue Metals
Fortescue calls for intervention over Stokes
Fortescue Metals Group has written to communications minister Michelle Rowland, appealing for intervention in the media blue between billionaires Andrew Forrest and Kerry Stokes.
Fortescue dividend ‘breathtaking’ as profit falls
Executive chairman Andrew Forrest defends the group’s interim dividend cut, says its 75c a share payout is still ‘breathtaking’ compared to historical standards in the mining sector.
Billionaires’ battle over green trucking empire turns ugly
Andrew Forrest has doubled down on his criticism of Kerry Stokes’ Seven West Media coverage, with their $1bn property joint venture now understood to be on the verge of collapse.
Banks push ASX to biggest fall in six weeks
Bourse at four-week low. CBA margins prompt selling of banks. Corporate Travel, Treasury Wine dives on misses. Cochlear jumps on buyback. Star rockets 14 per cent.
Australian business delegation bound for China
Fortescue Metals boss Andrew Forrest will lead a business delegation to the Boao Forum as part of a thawing of relations between Australia and China.
Fortescue ‘family’ about to get smaller
Staff lured to work for Fortescue Future Industries on the promise of doing good as well as earning big wages now face the axe.
Hundreds of job cuts planned at Fortescue
The mining giant is considering slashing up to 1000 jobs across its head office and green energy arm as it looks to cut costs, it is understood.
ASX ends at six-day low; AGL dives 10pc
All ASX sectors end in the red. Investors dump AGL on guidance cut, $1.1bn profit loss. Dollar rallies on China rate cut talks. Fortescue eyes mass job cuts. Coal miners struggle.
ASX rises; Boral, Suncorp jump on profit beat
Financials and material push ASX higher. Boral books 53 per cent profit jump. BHP suspends WA ops after fatal incident. Elders unsure of share fall. Amcor flags soft outlook.
Forrest’s man in Asia and Africa becomes a doctor, of sorts
Moataz Kandil is Andrew Forrest’s man for Fortescue Future Industries in the Middle East, North Africa and Asia. His doctorate has European heritage. Or possibly Thai.
Five green energy projects this year: Fortescue
Fortescue Future Industries will reveal the cost and timing of at least five green energy projects this year, chief executive Mark Hutchinson says.
Forrest bets on China as Fortescue hits new export record
Fortescue shipped record iron ore levels in the December quarter ahead of a potential major shake-up of iron ore markets this year.
ASX 200 takes winning streak to four weeks
ASX closes at a nine-month high. Westpac ups rate forecast. ACCC says gas shortfall possible. Tyro opens door to new Potentia bid. Fortescue books shipment rise.
Forrest moves Squadron boss on after six months
Andrew Forrest has moved the boss of his private energy arm, Eva Hanly, over to Fortescue to embark on a new challenge following Squadron’s $4bn CWP Renewables takeover.
Fortescue’s departing CFO says family his priority
Despite industry talk that Pilbara Minerals, Evolution Mining and even Newcrest could be a good fit for Ian Wells, he says his family comes first.
Forrest loses finance chief in Fortescue exodus
Andrew Forrest has lost another key lieutenant with chief financial officer Ian Wells to depart.
ASX gains 0.6pc on miners, energy; tech falls
Shares rally to two-week highs; iron ore miners mixed as Fortescue CFO exits; IGO-Tianqi to buy Essential Metals; Core Lithium relocates and dollar at August high.
Fortescue rolls dice on green steel tech
In its quest for green steel, Fortescue Metals Group has announced progress on a ‘groundbreaking’ ironmaking plant that could change everything.
Warning on ‘unjust’ climate transition
Super funds want a ‘just’ approach to environmental goalkicking, but ESG ratings and ultimately returns of ASX-listed businesses are more a function of good governance than green policy.
Forrest biggest green player after $4bn CWP buy
Billionaire Andrew Forrest has touted his role as Australia’s biggest renewable energy player after buying CWP Renewables for $4bn-plus.
ASX advances; miners, energy soar on China
Shares end higher as materials and energy rally on China reopening bets; dollar hits three-month high, Elders dives on UBS cut, Swyftx sacks staff and IGO slumps on fire.
Why Twiggy’s mining empire needs two CEOs
The gas industry veteran will effectively become co-chief of a mining company which has big green energy plans.
Fortescue taps Woodside’s Fiona Hick as mining boss
Woodside veteran Fiona Hick will take over as chief executive of Fortescue Metals Group’s mining arm.
Woodside output miss amid project delays
Woodside’s production forecast for 2023 was lower than the market had expected while one of the company’s top executives has left for Fortescue.
Hancock’s $225m cheque from Atlas Iron
Gina Rinehart has raked in her first millions from Atlas Iron, the $427m acquisition she won in a big-name battle in 2018.
ASX gains; Fiona Hick to lead FMG mining arm
Miners push ASX higher. Fortescue names Woodside exec mining chief executive, commodities rebound on China optimism and Collins Foods plunges on weak update.
Debelle steps back at Fortescue to focus on health
Fortescue’s green offshoot has lost another high-powered recruit with FFI’s chief financial officer stepping back from his role to ‘focus on his health’, the company has said.
Forrest ducks investment fund
Andrew Forrest has defended the absence of Fortescue Metals Group from the West Australian mining industry’s new $750m community investment fund.
Forrest’s Fortescue to join rare earth race
The mining giant is hoping to open up a business mining and refining rare earths, says its executive chairman.
Original URL: https://www.theaustralian.com.au/topics/fortescue-metals/page/10