News Articles for Fortescue

The Forrests have played down the impact of their separation on the companies in their domain but a growing body of research suggests otherwise.

Australian power couple Andrew and Nicola Forrest have announced their separation but say the split will have no impact on the direction of their business empire.

A memorandum of understanding between Fortescue Metals and PKKP Aboriginal Corporation is hoped to inform a new 'co-management model' underpinning the miner's existing and planned projects.

The donation, to the Forrests' Minderoo Foundation, came in the form of 220 million Fortescue Metals Group shares.

Fortescue is the second company after Rio Tinto this week to partner with world's biggest steelmaker China Baowu in a bid to reduce emissions associated with iron and steel making.

Our board moves wrap includes Jenn Morris, Elizabeth Gaines, and Brett Salt.

Elizabeth Gaines will be paid a $1.2 million salary after taking up a part-time executive director role at Fortescue Metals Group, while Jenn Morris has resigned from the company's board.

Our weekly appointments wrap includes Edward Wray-Bliss, Walter Gomes, Raj Kandiah, John Palermo, Aurelien Scannella, Alan Dodge, Suzanne Ardagh, Christine Morris, Ian Wells, Chris Sutherland and Dale Alcock.

Fortescue Metals Group has signed an $18 million agreement with the Nyamal people to provide mining equipment for its Iron Bridge magnetite project.

Indigenous business leaders have shared their stories and set an agenda to achieve more progress in the fast-growing sector.

Andrew Forrest's iron ore business has recruited US-based energy executive Christine Morris as its new chief financial officer.

Mining giant Rio Tinto has topped long-time market leader Fortescue Metals Group as the biggest supporter of Indigenous businesses in WA, data compiled by Business News shows.

WA produces a diverse array of minerals, yet one commodity dominates the sector.

Questions are being asked about the future of WA's gas supplies amid increasing pressure on emissions.

The pipeline of big resources projects in WA increasingly features complex processing plants, despite a spate of large cost blowouts on projects currently under way.

Fortescue Metals Group has contracted GenusPlus for key infrastructure works at its US$450 million solar and gas Pilbara Generation project.

Support for constitutional change is firming in business and political circles despite hesitancy in some quarters to take a stance on the issue.

Jordan Murray speaks with senior journalist Claire Tyrrell about her recent coverage of the Perth City Link precinct.

Western Australia's resources industry has smashed another annual record, with weaker iron ore prices made up for by the state's flourishing lithium sector and soaring oil and gas prices.

In her first update as chief executive, Fortescue Metals boss Fiona Hick has told analysts she sees continued cost and labour pressures ahead, as iron ore shipments soften over the quarter.

Our annual update of WA's 50 most influential people analyses those using their role and profile to make a difference.

SRG Global has been awarded a $55 million contract from Fortescue Metals Group to construct a haul road for the mining giant's autonomous truck fleet.

Fortescue Metals Group has again pushed back first production from its Iron Bridge magnetite project in the Pilbara.

NRW Holdings has won $64 million worth of new contracts from Fortescue Metals Group's subsidiaries and has completed an acquisition.

Mining magnate Andrew Forrest has urged Australia to take bold steps to transform its energy sector after the latest United Nations report on global warming.

Everest Metals is a different looking company today from when it was Twenty Seven Co up until last year. It has totally renewed its board which is now led by mining man Mark Caruso and assisted by COO and former finance professional Simon Phillips. The new board has its foot on a curious new project that boasts multiple near surface gold reefs and hints of DeGrussa-style copper at depth.

Jordan Murray speaks with senior journalist Matt Mckenzie about his recent profile of new Liberal leader Libby Mettam.

More than 100 employees within Fortescue Metals Group are set to be laid off as the group looks to get boots on the ground at a planned mine in Gabon and shift focus to new projects in America.

CZR Resources has its sights set on more resource growth at its Robe Mesa iron ore development in the Pilbara after acquiring an adjoining tenement to Rio Tinto's Mesa F project from Fortescue. After acquiring the ground CZR has expanded its strike length of the company's P529 deposit to 1.1km. The deposit is only five kilometres from CZR's 45.2 million tonne Robe Mesa iron ore project.

Monadelphous has expanded its recruitment efforts overseas as the company continues to grapple with its “biggest challenge” of industry-wide staff shortages.

Federal Communications Minister Michelle Rowland has been drawn into the public spat between Perth billionaires Andrew Forrest and Kerry Stokes.

Andrew Forrest's private company is expected to proceed with the redevelopment of the East Perth Power Station, after Kerry Stokes' Australian Capital Equity backed out.

Seven Group chair Ryan Stokes has sought to ease tensions with Andrew Forrest after revelations the Fortescue Metals Group chair took a swipe at the Stokes empire over a trucking deal.

Andrew Forrest says the ebbs and flows of headcount across Fortescue Metals Group is just business as usual and has firmly denied there are any "wanton" job cuts to come.

Wesfarmers has revealed a major cost increase for its Covalent lithium project while Fortescue Metals Group has disclosed a fourth cost spike for its Iron Bridge iron ore project.

Andrew Forrest has told Fortescue staff that a decision to pick German giant Liebherr over WesTrac for a major contract has caused a rift with billionaire Kerry Stokes' empire.

Mining royalties paid to all Aboriginal groups in WA are less than half the amount paid to four wealthy families, new research has found.

Fortescue Metals Group has agreed to hand over documents relating to alleged sexual harassment to WorkSafe but will keep employee names redacted to protect their identity.

Mark Pownall and Mark Beyer discuss interest rates, building activity, Fortescue Metals Group, development approvals, and preview next fortnight's edition of Business News.

Fortescue Metals Group says it will not be pushed into 'breaking the law' or releasing private staff records in a scathing response to allegations made public this week by WorkSafe.