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The Latest Breaking News from Andrew Forrest

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

The Independent UK

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.

AAP

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

The Guardian - AU

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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.

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.

ABC News

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.

The Conversation

Albanese just laid out a radical new vision for Australia in the region: clean energy exporter and green manufacturer

Gone are the days when the federal government would cheer on Australia’s fossil fuel exports to the exclusion of all else, while seemingly doing everything in its power to hold back the switch to renewables.

The Conversation

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Governments, firms make new bet on green hydrogen as climate fix

The number of green hydrogen projects worldwide has increased more than three-fold in less than a year.

Al Jazeera

WA forks out another $9m preparing East Perth Power Station site for billionaire developers

Western Australia's Deputy Premier defends spending millions preparing land in East Perth for a prime waterfront development by proponents Andrew Forrest and Kerry Stokes.

ABC News

Andrew Forrest scoops up prime land in Binningup for major residential development

Billionaire businessman Andrew Forrest inks deal to develop a major residential site south of Perth.

ABC News

Australia's Fortescue pursues quantum leap in green hydrogen quest

Fortescue Metals Group is funding research by a quantum computing venture into ways to produce cheap and abundant green hydrogen as part of the Australian mining giant's ambition to become the world's top green energy group.

Reuters

Fortescue Metals could face paying traditional owners millions of dollars in native title compensation claim

The Yindjibarndi traditional owners won a landmark native title case in the Pilbara in 2020 in a David-and-Goliath battle with mining giant Fortescue Metals Group, however, negotiations over royalties for mining iron ore on their land fell through. Now they are launching legal action against FMG for compensation.

ABC News

Forrest flays fossil fuel 'greenwashing'

Billionaire Andrew Forrest says any hydrogen made from fossil fuels is part of the problem, and welcomes Europe's moves to boost renewable energy usage.

AAP

A bit rich? Billionaires’ climate efforts draw scepticism, praise

Mega-rich figures such as Andrew Forrest spend billions on climate change solutions while adding to carbon emissions.

Al Jazeera

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ABC News

Clouds gather in Singapore over Cannon-Brookes, Twiggy-backed $30b Sun Cable project

It's billed as a poster child for Australian renewable energy exports, but Sun Cable's plan to build the world's biggest solar farm draws scepticism in its target market, Singapore.

AAP

New Force coach keen to meet lofty goals

Western Force owner Andrew Forrest has set some lofty goals for the club, and incoming coach Simon Cron is embracing the challenge.

AAP

Forrest ignites case against Facebook

Andrew Forrest is pursuing Facebook in court over clickbait advertising scams that use his image to promote the schemes on the social media platform.

The Guardian - AU

‘Judge me on my actions’: can Andrew Forrest become Australia’s clean, green hero?

The billionaire mining magnate known as Twiggy may be emulating Bill Gates with the scale of his philanthropy, but not everyone is convinced

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ABC News

Andrew Forrest's Fortescue Future Industries may set hydrogen industry precedent with Esperance wind turbine leases

Wind turbines have proven a windfall for farmers, who are paid fees by electricity generators to put the infrastructure on their land. But will the deals be as good for landowners embarking on lease agreements with those in the hydrogen industry?

The Guardian - AU

ACCC takes Meta to court over Facebook scam ads depicting Australian identities

Dick Smith, Andrew Forrest among prominent people used on cryptocurrency and other scam ads without approval

ABC News

Andrew Forrest's purchase of Kimberley cattle stations has traditional owners hopeful of social benefits

The sale of a group of East Kimberley cattle stations to billionaire Andrew Forrest has traditional owners hopeful of future benefits to Indigenous people, through employment and tourism.

The Guardian - AU

Sun Cable’s giant Northern Territory solar project gets $210m funding boost

Billionaires Mike Cannon-Brookes and Andrew Forrest’s investment accelerates company’s plans to explore similar plants in Australia and beyond

The Guardian - AU

Plastic-free ‘submarine’ helps Australian scientists find if nanoplastics are inside us

For scientists at the University of Queensland, determining if plastic absorption occurs and is harming humans is a scientific ‘holy grail’

ABC News

RBA deputy governor Guy Debelle to join Fortescue's renewable energy push

Reserve Bank deputy governor Guy Debelle is leaving the bank to join Andrew Forrest's renewable energy business, Fortescue Future Industries.

ABC News

Andrew Forrest pulls back on Russian investments, while BP will dump Rosneft stake and Norway divests

Russia is being dealt more financial blows, with Australian billionaire Andrew Forrest pulling back on hydrogen investments there, while oil giant BP and Norway's sovereign wealth fund are also divesting from the country.

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