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The Latest Breaking News from Andrew Forrest

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

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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

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.

ABC News

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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.

AAP

‘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

The Guardian - AU

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?

ABC News

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

The Guardian - AU

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.

ABC News

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

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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.

ABC News

Andrew Forrest begins work on green hydrogen hub in Gladstone, confirms $3b for renewables farm

The build for a green hydrogen manufacturing hub is now underway in central Queensland, as Andrew Forrest confirms a separate $3 billion investment in a solar, wind and battery farm, in the same region.

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AAP

Forrest stoking the renewables sector

A renewable-energy precinct of wind, solar and batteries will feed enough supply into the grid for 660,000 homes, billionaire investor Andrew Forrest says.

The Guardian - AU

Andrew Forrest hits back at Facebook claim he signed away his rights

Social media giant argued it was protected from liability for scam ads because mining billionaire had signed up to account terms and conditions

The Guardian - AU

Facebook rejects Andrew Forrest’s legal claim it should be liable for cryptocurrency scam ads

Social media giant tells US court its terms of service protect it against claims by Australian billionaire

The Guardian - AU

ACT to ease Covid restrictions; Bob Katter decries ‘super sneaky’ passing of firearms bill – as it happened

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ABC News

Monastic land at New Norcia bought by Andrew Forrest has an extraordinary Stolen Generations history

Mining magnate Andrew Forrest recently paid more than $17 million for land at New Norcia to expand his beef empire — but archival documents show it was once intended to be used for the benefit of local Aboriginal people.

Benzinga

Why Australia's Richest Man Is Suing Facebook

Australia’s richest man is suing Meta Platforms Inc (NASDAQ: FB), the operator of Facebook, alleging the latter violated anti-money laundering laws and that social network is used to scam Australians.

AAP

Forrest takes on Facebook over scam ads

Australian billionaire Andrew Forrest is taking legal action against Facebook over scam ads allegedly promoting cryptocurrency schemes using his image.

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