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The Latest Breaking News from Fortescue

Miner goes 'full steam ahead' on loss-making project

Mining giant Fortescue believes it can turn around a troubled mine project that produces a raw material for green steel.

AAP

Hot out the oven: green iron trial produces first metal

One of Australia's first green iron projects has reached a milestone, producing molten metal from an electric furnace for the first time.

AAP

Aussie shares lose steam to close record-breaking week

The ASX has snapped a five-day rally but remains near record highs as investors mull Middle East uncertainty against a decent start to local earnings season.

AAP

From analysis to the latest developments in health,
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Andrew Forrest's Fortescue flags major asset writedown

Fortescue will write off $746 million from the value of its Iron Bridge magnetite mine in the Pilbara after reviewing scenarios for the troubled operation.

AAP

Mining CEO worth $24 billion nearly drowned and had to break his own leg in freak hiking accident—he used the recovery time to go back to school

"I realized that a) I was on my own, b) I was drowning, and c) I'd been there for a little while because there were no ripples in the water," Forrest recalled.

Fortune

'Can't hire our way out': mine giant to train sparkies

An Australian mining giant has partnered with TAFE to train more electricians as the nation faces a major renewable energy skills shortage.

AAP

Fortescue boss issues warning after harassment lawsuit

Fortescue boss Andrew Forrest has sent a warning to employees in the wake of a lawsuit alleging widespread sexual harassment at the company's mining camps.

AAP

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Fortescue class action: female workers claim sexual harassment at remote mine sites

One woman says she found man in her room at WA fly-in, fly-out accommodation while another states she was ‘howled’ at, federal court told

The Guardian - AU

Aussie shares fall as US dollar surges, oil retreats

The ASX200 fell 0.7 per cent as the US dollar rose to its highest level since May 2025 and gold hit an eight-month low.

AAP

WA’s Yindjibarndi traditional owners consider appeal against Fortescue’s $150m record native title payout

Yindjibarndi Ngurra Aboriginal Corporation label federal court ruling against mining giant’s Solomon Hub iron ore operation ‘unsatisfactory’

The Guardian - AU

Mining giant to pay record £80m to Indigenous Australians

IN FULL

The Independent UK

Indigenous Australians win record payout after billionaire mined their land without consent

The ruling is the largest payout ever awarded under Australia's native title laws

The Independent UK

Fortescue ordered to pay Yindjibarndi traditional owners $150m in record native title payout

Federal court found miner’s Solomon Hub iron ore mine caused cultural and social harm, including the destruction of 140 heritage sites

The Guardian - AU

Indigenous group claims landmark win over mining giant

An Aboriginal community has been awarded $150 million in compensation from one of the nation's richest mining companies, although it's far less than it wanted.

AAP

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AAP

'A joke': Fortescue founder takes on diesel tax credit

A campaign to wind back the diesel tax credit for big mining giants has been given fresh legs by Andrew Forrest, chair and founder of iron ore giant Fortescue.

The Guardian - AU

Labor will back fossil fuels in the budget but the gas tax campaign isn’t dead yet

International Business Times

ASX 200 Slides 0.57% as Geopolitical Jitters and Profit Warnings Weigh on Australian Shares

The S&P/ASX 200 index closed lower Thursday, shedding more than 50 points as renewed uncertainty over the Strait of Hormuz, a sharp drop in a major healthcare stock and broad sector rotation left investors cautious despite some resilience in energy and gold-related names.

AAP

Miner's green push to help skip fuel woes rocking firms

As Fortescue Metals ramps up its heavy industry green grid, a report shows more than 80 per cent of businesses are straining under the global fuel crisis.

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AAP

Fortescue founder losing sleep over AI nightmares

Andrew Forrest has told a business summit that he's awed by artificial intelligence but also considers the technology incredibly dangerous.

AAP

'Look at the divvy': iron ore miner's bumper payout

Iron ore miner Fortescue has raised its interim profit and will pay out 65 per cent of earnings to shareholders, as it continues to decarbonise its business.

The Guardian - AU

Australia’s most costly anti-climate policy hits taxpayers for $30m a day as calls mount to wind back fuel tax credits

The government will hand over $10.8bn this financial year under the scheme that makes it cheaper for miners and other industries to use diesel and petrol

AAP

'Watch this space': Fortescue bullish on climate target

Battery-powered trains are part of Fortescue's plan to eliminate fossil fuels from its Pilbara iron ore operations as it aims to beat a decarbonisation target.

AAP

Fortescue breaks iron ore output record, but costs drag

One of Australia's biggest miners has broken a production record, but operating costs and one project's underperformance has underwhelmed investors.

AAP

Mining giant ends bitter legal fight with former staff

A high-profile stoush between Andrew Forrest's Fortescue and former employees has come to an end after the miner accused them of intellectual property theft.

AAP

Mining boss skewers Trump over moves against renewables

Renewable energy is taking over from oil, coal and gas, an Australian mining magnate has told shareholders, and efforts to hold back the trend are misguided.

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