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The Latest Breaking News from Fortescue

Forrest says Fortescue still committed to hydrogen despite job cuts – as it happened

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The Guardian - AU

'Gutted like a fish': Forrest on Fortescue job losses

Andrew Forrest says the Fortescue Group will continue to pursue its green hydrogen plan despite slashing 700 jobs in a bid to cut costs.

AAP

Andrew Forrest’s Fortescue slashes 700 jobs in restructure

Australian mining company announces global cuts saying it must ‘continually evolve to ensure it remains lean’

The Guardian - AU

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read the most diverse news in one place.

Chinese premier focuses on critical minerals and clean energy during Australian visit

Chinese Premier Li Qiang is ending his Australian tour in the west coast city of Perth where he will focus on China’s investment in critical minerals and clean energy

The Independent UK

Andrew Forrest says Coalition’s abandonment of 2030 emissions target would ‘decimate’ economy

Mining magnate says investors need certainty as opposition’s climate policy comes under increasing scrutiny

The Guardian - AU

RBA governor says inflation still above target; Matt Kean to retire from politics – as it happened

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The Guardian - AU

'Encouraging signs': PM lauds improving ties with China

China's premier has wrapped a four-day Australian visit with talks on economic ties and mineral exports as Anthony Albanese hails signs of more stable ties.

AAP

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'Massive incentive' to replace diesel with hydrogen

Hydrogen-powered transport could give diesel-powered cars, utes and trucks a run for their money and reduce Australia's reliance on imported fossil fuels.

AAP

Australia could cut global emissions with green metals

Australia could remove much more than its share of greenhouse gas emissions by using its natural advantages, a business leader argues.

AAP

Fortescue compo should include land and ore, court told

A court considering how much compensation traditional owners could receive from Fortescue Metals Group has been hearing evidence on how it could be calculated.

AAP

Value of minerals irrelevant to compensation, says FMG

Valuers are giving evidence in a court case that will decide how much compensation Yindjibarndi people should receive for FMG mining on their land.

AAP

Electrolyser factory puts regional town on hydrogen map

The first manufacturing facility in Australia to build hydrogen electrolysers at a commercial scale has opened in Queensland.

AAP

FMG mine 'damaged' Yindjibarndi traditions, court hears

A long-running dispute between native title holders, the Yindjibarndi people, and Fortescue Metals Group is hearing from expert witnesses.

AAP

Australian shares finish flat, missing Nvidia rally

The local share market finished basically unchanged, as Fortescue, Qantas, Medibank Private, Tabcorp, Lovisa, Nine Entertainment and others reported earnings.

AAP

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AAP

Iron ore strength bankrolls emission-busting Fortescue

High prices and loyal Chinese demand for Fortescue Group's iron ore has delivered a stellar profit and cash pile to bankroll ambitious emission-busting plans.

AAP

Miners, banks give Australian bourse a little boost

The local stock market has finished up 0.1 per cent, as gains for BHP, Rio Tinto, Fortescue and the banks outweighed a big fall for Lendlease stock.

Top News

Fortescue clears China's iron ore surplus as shipments rise

Fortescue is focused on clearing iron ore stockpiles in China as quarterly shipments increase. Find out how the company is managing its output.

AAP

Aust shares near record high on second-last trading day

The local bourse has finished the day up 0.7 per cent, in need of just a 0.25 per cent gain on Friday to set a new record high.

AAP

Australian shares hit highest level in 20 months

The ASX200 has finished up 0.8 per cent and is closing in on its all-time high reached in August 2021.

AAP

Mining giant charges dropped over harassment documents

Fortescue Metal Group will spend $1.4 million combating sexual harassment in the mining industry after a workplace safety regulator dropped charges against it.

AAP

Mining firm digs Australia's first electric excavator

An Australian mine has deployed the nation's first electric-powered excavator, created as part of a plan to decarbonise mining operations.

AAP

Australian shares continue streak as US inflation eases

The local share market rose 0.3 per cent, with Fortescue and Rio Tinto hitting new highs while a drop in oil prices pressured producers.

The Guardian - AU

Mining billionaire Andrew Forrest in scathing attack on oil and gas industry

Australian magnate-turned-green-evangelist says companies that don’t stop burning fossil fuels will have ‘blood on their hands’

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