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The Latest Breaking News from Andrew Forrest

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

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

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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

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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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 - AU

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

The Guardian - 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

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

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

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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.

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.

Al Jazeera

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.

ABC News

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.

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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.

Reuters

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.

ABC News

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.

AAP

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.

Al Jazeera

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.

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.

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