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The Latest Breaking News from Fortescue

Fortescue founder claims signing Yindjibarndi royalty agreement risks creating 'alcohol disasters'

Fortescue Metals executive chairman Andrew "Twiggy" Forrest defends the failure to sign a mining compensation agreement with Yindjibarndi traditional owners in WA's north.

ABC News

FMG reduces dividends amid green energy powerhouse push

Fortescue Metals has lowered dividend payouts as it repositions itself as a green energy powerhouse, with increased spending on decarbonisation projects.

AAP

Fortescue backs down in mines harassment stoush

Mining giant Fortescue Metals Group says it will provide documents relating to an investigation into alleged sexual harassment cases at its mine sites.

AAP

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Fortescue Metals Group defends not handing documents on alleged sexual harassment to WorkSafe, despite charges

Fortescue Metals Group says WA's safety regulator has no legal basis to ask for documents relating to sexual harassment at three of its mine sites, and it will not be pushed into releasing the private information of staff.

ABC News

Mining giant faces charges over harassment documents

Western Australia's workplace safety regulator is prosecuting Fortescue Metal Group for allegedly failing to provide documents relating to harassment cases.

AAP

Fortescue lifts shipments of iron ore

Iron ore shipments rose to 49.4 million tonnes in the December quarter, a four per cent increase from a year earlier.

AAP

Andrew Forrest's Fortescue Metals Group named new major sponsor of West Coast Fever

Andrew Forrest's Fortescue Metals Group takes over sponsorship of the WA netball team over the next four years just weeks after Gina Rinehart withdrew her company's deal with the club.

ABC News

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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

Yindjibarndi people ask for landmark Fortescue Metals case to be heard on-country in remote WA

The compensation claim is linked to a long-running and bitter dispute between traditional owners and Australia's richest man.

ABC News

Worries over wind farms cloud condor repopulation program

Some 200 people trudged up a hill in southern Argentina with a singular mission: to free two Andean condors that had been born in captivity

The Independent UK

Flexibility in working arrangements post-COVID likely here to stay, experts believe

At the height of the COVID pandemic most employees of Rachel Wright's IT support team were working from home, but she soon came up against logistical challenges.

ABC News

Former NT chief minister Michael Gunner to join Andrew Forrest-owned renewable energy company Fortescue Future Industries

Andrew "Twiggy" Forrest's decision to employ Michael Gunner in a key new role within his renewable energy company has been welcomed by environmentalists, who say Mr Gunner has "seen the light on climate" after previously lifting a moratorium on fracking.

ABC News

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

Rio Tinto joins 'first movers' carbon club

Rio Tinto has caught up with iron ore peers BHP and Fortescue Metals Group as the latest to join a global coalition of top companies looking to cut emissions.

AAP

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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

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.

AAP

Fortescue FY aided by record shipments

Fortescue Metals Group has posted a slide in full-year profit despite record shipments as iron ore prices fell, but signalled a strong start to FY23.

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.

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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.

Daily Mirror

Grand National 2022 runners and riders: Full list of horses and odds for Aintree race

Eclair Surf has sneaked into the line-up for Grand National 2022 after Caribean Boy and Farclas were not declared. The 40 runners include last year's winner Minella Times and Snow Leopardess

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

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

ASX rises amid oil price plunge, RBA's deputy governor Guy Debelle quitting to join Fortescue

The Australian share market closed sharply higher on Thursday, after a strong day on Wall Street as the oil price plunged. Meanwhile, the RBA's deputy governor resigns to go to Fortescue Future Industries.

AAP

Fortescue H1 profit down, payout cut

Fortescue Metals' first-half profit fell after Chinese steel-makers bought less iron ore and the price of the commodity dropped.

ABC News

ASX rises, Fortescue Metals and CSL report weaker profits from COVID-19 restrictions

The Australian share market rises in afternoon trade, soaring oil and gas prices boost Santos' profit, while Fortescue Metals, CSL and Treasury Wine Estates reveal the impact of COVID-19 on their earnings.

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