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The Latest Breaking News from Andrew Forrest

Snowy Hydro promises Clough Group’s collapse won’t disrupt multibillion-dollar project

Clough Group placed itself into voluntary administration after a takeover plan for the company by Italy’s Webuild fell through

The Guardian - AU

Andrew Forrest makes $4b renewables deal

Andrew Forrest's privately-funded Squadron Energy has purchased CWP Renewables in a significant deal for the Australian energy sector.

AAP

East Lothian recycling centre to operate seven days a week despite objections

Hamilton Waste and Recycling is Scotland's first carbon neutral waste centre and empoys more than 120 people at its centre outside Musselburgh in East Lothian

Edinburgh Live

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Which Australian billionaires are looking to the future?

While some of the nation’s richest are investing in minerals crucial to renewables technologies, others are still obsessed with fossil fuels.

Crikey

Not waving, drowning

Australia is 1.47C hotter now than it was in 1910 with extreme weather only going to get worse, a new report has warned, and interest rates are likely to have reached 3.1% by December.

Crikey

Fortescue to link bonuses to climate goals

Mining billionaire Andrew Forrest says Fortescue Metals Group will tie its executive bonuses to ensuring the company meets ambitious climate targets.

AAP

Whispering flack

Political strategist Glenn Druery has offered to help Labor win seats in Victoria’s November 26 election for a fee of $55,000 each, and mining billionaire Andrew Forrest will invest $740 million to help rebuild Ukraine after the war.

Crikey

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Australian mining billionaire contributes $740M to rebuild Ukraine

Australian mining magnate Andrew Forrest is predicting a “golden era” for Ukraine with some help from his fund, the Ukraine Green Growth Initiative.

Fortune

Andrew Forrest pledges $744 million towards rebuilding Ukraine, aims to attract investors

The mining magnate invests in a fund that will pour money into primary infrastructure, including energy and communications, in the country.

ABC News

Forrest to fund Ukraine green investment

Ukraine President Volodymyr Zelenskiy has welcomed a $US500 million ($A743 million) green infrastructure investment by Andrew Forrest's Tattarang Group.

AAP

China's demand for Australian iron ore stalls, sending the price for our biggest earner spiralling

WA's iron ore miners are ramping up production with new mines, but with the commodity price falling, is it worth it?

ABC News

Forrest wants seabed mining moratorium

Australian mining magnate Andrew Forrest says the world's seabeds must not be exploited without the same protections as land-based mining.

AAP

ASX companies are stopping shareholders from attending meetings online

The pandemic forced AGMs to modernise, allowing shareholders to join online. But some companies are reverting to the old ways.

Crikey

Archbishop meets Indigenous leaders in WA

The Archbishop of Canterbury is scheduled to speak privately with mining magnate Andrew Forrest after meeting with Indigenous leaders in Western Australia.

AAP

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The Guardian - AU

Morning mail: deadly wake of Florida hurricane, Putin to annex Ukraine land, Australia’s food waste bill climbs

Friday: Rescue crews in Florida are searching for residents trapped by floods in the path of Hurricane Ian, as Joe Biden warns of loss of life. Plus: is Australia on track to becoming a republic?

The Guardian - UK

Companies using carbon credits to ‘cover their tracks’, says iron ore billionaire

Andrew Forrest urges businesses to aim for ‘real zero’ to reduce environmental impact

Crikey

What’s the world coming to?

UN Secretary-General António Guterres has told world leaders at the UN General Assembly in New York that the world is ‘gridlocked in a colossal global dysfunction’, and Foreign Affairs Minister Penny Wong plans to meet her Chinese counterpart at the assembly — it would be their second meeting in two…

The Independent UK

Australian miner Fortescue reveals $6.2 billion carbon plan

Australian iron ore miner Fortescue Metals Group has announced a $6.2 billion plan to eliminate fossil fuels and carbon emissions from its operations by the end of the decade

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AAP

Fortescue pledges $9.2b for clean iron ore

Andrew Forrest will spend $9.2 billion to take Fortescue Metals Group fossil fuel-free by 2030 and become a global green mining, energy and technology firm.

The Guardian - AU

As Labor’s jobs and skills summit kicks off, it’s all about having a seat at the table

In parliament’s great hall unionists, civil society and business give a little of their time, maybe endure a little boredom, in a bid to influence policy

ABC News

Outgoing Fortescue Metals boss Elizabeth Gaines says China will want Australian iron ore 'for a long time to come'

Australia's iron lady, Elizabeth Gaines, says she doesn't expect global tensions to impact iron ore demand as she prepares for her final days running Fortescue Metals Group.

Crikey

A work in progress

Australia has not been spared global labour shortages so the Albanese government is being urged to move faster as new modelling shows immigration is vital to ease the shortfall.

Crikey

Twiggy, pal of the global elite: a look at Andrew Forrest’s buddies on the world stage

Mining billionaire Andrew Forrest is unusually adept at talking his way into the halls of power. Crikey looks back at some of his most notable and at times controversial friends in high places.

ABC News

Lithium giant Albemarle one step closer in bid for 500-bed workers' camp in Binningup

US chemical giant Albemarle wants to build a 500-bed village for lithium refinery workers on coastal farmland south of Perth, despite opposition from the local shire and residents.

The Conversation

Has Labor learnt from the failure of the cashless debit card?

Legislation passed through the House of Representatives last night to wind down the cashless debit card (CDC), which was introduced into the East Kimberley and Ceduna in 2016 and since applied at other trial sites around Australia. The card compulsorily quarantines 80% of social security payments received by working-aged people.

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