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The Latest Breaking News from Fortescue

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

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

The Independent UK

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

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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.

AAP

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

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

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

Daily Mirror

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‘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

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.

ABC News

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.

AAP

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.

ABC News

Andrew Forrest's FMG acquires Williams Advanced Engineering in shift away from diesel

Fortescue Metals Group acquires British tech and engineering company Williams Advanced Engineering to help fast-track its transition to renewables.

ABC News

ASX dips after global markets slump; Fortescue acquires Williams Advanced Engineering

Australian shares extend their losses from last week, tracking a lower finish on Wall Street, amid fears of inflation and policy tightening by the US Federal Reserve.

ABC News

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