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Fortescue Metals Group

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Billionaire Andrew Forrest’s green crusade cops a reality check

Billionaire Andrew Forrest’s green crusade cops a reality check

Fortescue is about to turn 21, and with age seemingly comes wisdom, as the company puts it enormously expensive green hydrogen plans on the backburner.

  • by Elizabeth Knight

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Andrew Forrest’s Fortescue slashes 700 jobs, tempers green hydrogen ambitions
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Hydrogen

Andrew Forrest’s Fortescue slashes 700 jobs, tempers green hydrogen ambitions

Mining billionaire Andrew Forrest’s Fortescue will slash 700 jobs, as the company tempers its ambition to be a major producer of the clean fuel hydrogen.

  • by Peter Milne
‘Best thing I’ve ever done’: How a chance diagnosis transformed this WA mining worker’s life

‘Best thing I’ve ever done’: How a chance diagnosis transformed this WA mining worker’s life

Tristan did not just get his own desk at Fortescue when he shared his diagnosis. He got a ticket to be himself.

  • by Peter Milne
Fortescue accused of keeping key meeting a secret in intellectual property case

Fortescue accused of keeping key meeting a secret in intellectual property case

Billionaire Andrew Forrest’s Fortescue has been accused of failing to disclose “material” information when it secured a warrant to raid the homes and offices of ex-Fortescue staff, who have been accused of stealing the iron ore group’s intellectual property.

  • by Anne Hyland
Fortescue spies sifted through personal mail of ex-staff, followed family members to Kmart: court told

Fortescue spies sifted through personal mail of ex-staff, followed family members to Kmart: court told

Billionaire Andrew Forrest’s Fortescue seeks to suppress a 600-page document detailing spying on ex-staff amid allegations of stolen intellectual property.

  • by Anne Hyland
Andrew Forrest’s Fortescue spied on former staff and their families

Andrew Forrest’s Fortescue spied on former staff and their families

The billionaire mining magnate’s company hired private investigators amid allegations of stolen intellectual property.

  • by Anne Hyland
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Forrest’s Indigenous foes call for inquiry into Fortescue mining

Forrest’s Indigenous foes call for inquiry into Fortescue mining

The Yindjibarndi people chasing Fortescue for $500 million compensation now want the independent environment regulator to consider tightening the regulation of the high-grade Solomon mine.

  • by Peter Milne
Utilities and energy firms lift ASX; Kathmandu drops

Utilities and energy firms lift ASX; Kathmandu drops

The Australian sharemarket staged a major turnaround in the latter half of the trading session to finish on a high, after Wall Street equities backed away from recent records.

  • by Millie Muroi
Fortescue accuses two former executives of ‘industrial-scale misuse’ of its intellectual property
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Mining

Fortescue accuses two former executives of ‘industrial-scale misuse’ of its intellectual property

Andrew Forrest’s Fortescue Group has asked the court for search order in a stoush with former executives who left to start a rival green iron technology firm.

  • by Simon Johanson
Paying clean hydrogen’s way in WA will be harder than the hype

Paying clean hydrogen’s way in WA will be harder than the hype

A cautionary tale for Australian companies rushing into the clean fuel business: from optimism a few years ago, Yara now finds green hydrogen is a long way away.

  • by Peter Milne
Fortescue takes ‘milestone step towards green shipping’ amid iron ore hit

Fortescue takes ‘milestone step towards green shipping’ amid iron ore hit

Iron ore shipments of 43.3 million tonnes were six per cent lower than previous corresponding quarter because of the ore derailment in late December and weather disruptions.

  • by Simon Johanson