Fortescue says it remains committed to hydrogen, after formally withdrawing a proposed $3 billion project from Canada's environmental approvals process.
Former Fortescue employees have flagged their intention to appeal the Federal Court's decision to uphold search orders over their company's Perth premises.
Nearly 250 sites were destroyed within the Solomon Hub mine footprint, experts told the Federal Court in the legal dispute between Fortescue and the Yindjibarndi people.
The Federal Court has published its reasons for upholding orders allowing Fortescue to seize devices from its former employees, in the ongoing dispute over the company's technology.
Fortescue's head of carbon and climate has told a conference the state is not incentivising decarbonisation enough, warning investment dollars are being lost overseas.
In tough recent times for many junior mining companies on the ASX, luring a financially-powerful “big dog” onto the share register to provide some much-needed muscle has become a common boardroom pursuit. In this second part of an occasional series, Bulls N' Bears takes a look at some of those companies which have prospered after jumping into the business bed with a major partner.
The Federal Court has dismissed former Fortescue employees' bid to set aside search orders in the legal proceedings with the Andrew Forrest-led company.
A Chinese stimulus package announced yesterday afternoon designed to spark property investment has resulted in a $21.4-billion boost to WA's iron ore players on the stock exchange.
The state government has taken the next step in its billion-dollar plan to decarbonise the Pilbara, as it seeks proponents to build the transmission lines to deliver its plan.
Fortescue ended the 2024 financial year with a profit of $US5.7 billion ($A8.39 billion), an 18 per cent growth from the previous reporting period, while announcing an increase in dividends.
A hydrogen haul truck, red dirt sod turning, and proof ore can be mined without emitting any carbon: it was a big day for Andrew Forrest and Fortescue at Christmas Creek
Our weekly appointments wrap includes Chris Hamilton, Linda O'Farrell, Peter Gerendasi, Michael Walshe, Maki Petkovski, Craig Hollywood, Rebecca Hamilton and Matthew Pham.
Mark Beyer and Jack McGinn discuss corporate governance at Fortescue and Qantas; Woodside's ammonia buy; all the news out of Diggers & Dealers; Iplex's class action; and a big week for global markets.
Our weekly appointments wrap includes Brian Kerman, Chris Kerman, Mark Nagle, Peter Kerman, Andrew Gerrard, Luke McShane, Jenny Thornton, Noel Pearson, Fiona Hick and John Galvin.
In tough recent times for many junior mining companies on the ASX, luring a financially-powerful “big dog” onto the share register to provide some much-needed muscle has become a common boardroom pursuit. Bulls N' Bears takes look at some of those companies which have received both a timely cash injection and a share price boost up to recent highs.
Gina Rinehart's agricultural business, S Kidman & Co, has given the Liberal Party of WA a boost of almost $100,000 in the lead up to the 2025 state election.
Australia could lose its leading global iron ore role to Africa, Brazil, and Europe without stronger efforts to fund Pilbara green iron plans, according to Fortescue boss Dino Otranto.
Noel Pearson's appointment this week to the board of Fortescue has lifted the number of Aboriginal people on major ASX boards to a grand total of five, with most in WA.
Mark Beyer and Mark Pownall discuss the week in lithium; construction issues; Fortescue's share price tumble; inflationary data; interest rates; house prices; CFMEU action; and Rex's plight.
Shares in Andrew Forrest's Fortescue plummeted more than 10 per cent today, attributed to a major sell-down reportedly linked to US-based investment manager Capital Group Companies.
WA Labor's election war chest has grown towards $250,000 courtesy of donations from high-profile businesses, while WA's peak resources lobby group has given The Nationals a big boost.
Green hydrogen is not economic right now, Gabon iron ore has Chinese steel mills salivating, Oakajee remains a mystery, and South American copper has piqued Fortescue's interest.
Prime Minister Anthony Albanese has rubbished claims the federal government picks favourites in the renewable energy race amid the fallout of Fortescue's 700 job cuts.
Job cuts across Andrew Forrest's Fortescue empire will be split across both the energy and metals divisions globally, but the miner says it's not pulling back from green hydrogen ambitions.
ANALYSIS: When Mark McGowan launched the $750 million Resources Community Investment Initiative more than 18 months ago, nobody expected an upgrade of Paraburdoo hospital would be its inaugural project.
GenusPlus Group has extended its close working relationship with Western Power, after securing a significant maintenance and upgrade works program with the company.
Strickland Metals has upped the ante at its Rogozna gold and base metals project in Serbia by adding a fourth diamond rig to target substantial copper-gold porphyry mineralisation at the site, with initial assays due next month. The new drilling activities come hot on the heels of Strickland confirming yesterday that it had completed its full acquisition of the project.
A $5 billion desalination plant providing water to green industries in the Pilbara is on the cards under a partnership formed between a French utilities giant and traditional owners.
