The Latest Breaking News from Fortescue

Fortescue’s CFO Christine Morris departs days after chief executive walks

Majority of executive team has left or shifted roles since 2021 with Morris’s resignation the 11th major change in less than three years

The Guardian - AU · Aug 31, 2023

2 Miner Stocks to Buy ASAP, 1 to Sell

Given the positive government initiatives and the swift expansion of the critical minerals market, the mining industry is anticipated to prosper in the foreseeable future. Given this backdrop, quality mining stocks Fortescue Metals Group (FSUGY) and Amerigo Resources (ARREF) could be solid portfolio additions now. However, beaten-down stock Lithium Americas…

StockNews.com · Jul 26, 2023

Iron ore giant Fortescue Metals targeted by Russian ransomware group

Australian mining company confirms hack occurred on 28 May but data disclosed ‘was not confidential in nature’

The Guardian - AU · Jul 18, 2023

Australian hydrogen in demand as South Korean manufacturers look to reach renewable energy target by 2050

As South Korea edges closer to being solely powered by renewables come 2050, the manufacturing industries of Australia's third-largest trading partner believe hydrogen gas is the answer to help reach its target.

ABC News · May 14, 2023

Australia risks losing billions to 'global vacuum' of talent: Twiggy

Andrew 'Twiggy' Forrest has asked for an even playing field to avoid talent being sucked overseas.

The Canberra Times · Apr 28, 2023

Andrew Forrest's Fortescue Metals Group set to buy Australia's biggest sheep station at Rawlinna, WA

Andrew Forrest's Fortescue Metals Group is set to acquire Australia's biggest sheep station, the million-hectare Rawlinna Station on the Nullarbor.

ABC News · Apr 28, 2023

Western Australia's biggest emitters increase carbon output 5 per cent year on year

Analysis by the ABC of the past six financial years of reported emissions, under the national safeguard mechanism, shows a 15 per cent increase in carbon dioxide released by major WA projects, and up 5 per cent on last year's figure.

ABC News · Apr 16, 2023

Australia’s northwest braces for strongest cyclone in a decade

Cyclone Ilsa is predicted to gather strength before making landfall on Western Australia’s northern coast.

Al Jazeera · Apr 13, 2023

Surge in medicinal cannabis use creates growing problem for WA's mining industry

Tom has been prescribed cannabis to help him sleep, but the FIFO worker's former mining employer said he could not use it and keep working on their sites. He's not alone.

ABC News · Apr 7, 2023

'Business as usual' as Fortescue Metals dumps jobs

Fortescue Metals has become the latest company to announce job cuts, although a spokesman said it was "business as usual" and part of the firm's growth.

AAP · Mar 10, 2023