Anti-China talk hurts us: Forrest
Billionaire Andrew Forrest has urged Australian politicians to stop their anti-Chinese rhetoric.
Billionaire Andrew Forrest has urged Australian politicians to stop their anti-Chinese rhetoric.
Fortescue boss Elizabeth Gaines wonders why Australia hasn’t been “more embracing”of China’s Belt and Road plan.
It’s the incendiary book on China’s ‘silent invasion’ that has been torn to shreds. But it deserves to be read by all Australians.
New Fortescue chief executive Elizabeth Gaines will be paid up to $1.8m a year less than her predecessor.
Fortescue has cut its dividend as first-half profit fell by 44pc, following a hit to revenue from weaker iron ore prices.
Nev Power leaves Fortescue Mining today in a much stronger position than on his first day 6½ years ago.
Kevin Manuel and Elizabeth Gaines, the new CEO of Fortescue Metals, have listed their luxury Cottesloe apartment.
Fortescue says Elizabeth Gaines will take over from Nev Power to become the first female CEO of a major Australian miner.
Fortescue has started shipping iron ore as far afield as Germany to tackle the widening price discount on its ore.
Fortescue says it will drill for lithium, as the demand for the battery mineral rises to run electric cars.
Andrew Forrest kept faith in Nev Power and the Fortescue boss has delivered in spades.
Twiggy Forrest says FMG’s next chief will be tasked with helming a new era of growth that may take the firm beyond mining.
Mining company dividends have surged on the back of higher commodity prices.
Fortescue Metals Group is in talks with steel mills and industry groups over new pricing mechanisms.
Rio Tinto and Fortescue are holding different views on the growing discount for lower-grade iron ores.
A policy fixation with renewable energy was coming at a high cost to consumers, FMG boss Nev Power said yesterday.
Iron ore prices surged 6pc to a new four-month high overnight but analysts warned investors not to get too excited.
Andrew Forrest’s Fortescue Metals Group is facing a huge compensation claim after a historic native title rights ruling.
Strong trade links between Australia, China and the US will trump protection, Fortescue’s Nev Power said yesterday.
The man who made $5.3bn last year thanks to the skyrocketing iron ore price expects the commodity to ‘trim down’.
Iron ore’s surprising price has led analysts to upgrade their expectations for the likes of Fortescue, Rio and BHP.
Andrew Forrest’s Fortescue Metals Group has reportedly lodged a $1bn-plus offer for Wesfarmers’ Curragh coalmine.
Fortescue chief Nev Power says once problematic debt levels could be cut to zero after a bumper first half profit.
Fortescue has cut cash costs to a new low, cementing its position as a rival to Rio Tinto.
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The ratings agency has hailed Fortescue’s substantion reduction in debt and costs.
Andrew Forrest’s Fortescue Metals Group has lured Elizabeth Gaines to join the miner as chief financial officer.
Fortescue chairman Andrew Forrest is cautious about the outlook for commodities.
Fortescue’s new iron ore carrier should be a reminder the miner can meet its challenges, says Andrew Forrest.
It’s looking “less and less likely” a planned alliance with Vale will materialise, says Fortescue’s Nev Power.
Original URL: https://www.theaustralian.com.au/topics/fortescue-metals/page/20