News Articles for Andrew Forrest

Fortescue Metals Group has vowed at the official opening of its final expansion project that it was not the end of its incredible rise to become the world's fourth-largest iron ore producer.

Rather than a disaster, Troy Buswell's political exit ought to be an opportunity.

Poseidon Nickel has signalled it no longer plans to pursue a major debt capital raising in the United States, appointing a new chairman to replace US-based Bud Scruggs.

Western Australia has reclaimed its position at centre stage in the money world, not because it is sucking in development capital but more so because it has become a global cash cow.

The cost of doing business in Australia means the country has become an investment no-go zone for international companies.

Aboriginal contractor the Indigenous Construction Resource Group has made the largest pledge by an indigenous company to the Australian Employment Covenant - promising to deliver 150 jobs for indig

FEATURE: Gina Rinehart's ability to maintain momentum at the Roy Hill project put the mining magnate at the top of our people of the year list.

The University of Western Australia will receive a $17 million donation from BHP Billiton for its New Century Campaign, with the engineering faculty and busines school to be the main beneficiaries.

Admedus, formerly Allied Healthcare, has struck a deal to acquire a manufacturing site that pharmaceutical giant Sanofi built in Malaga in 2009.

Former Perth lawyer Nick Grono will return to Europe to run a new anti-slavery fund backed by his most recent boss, iron ore magnate Andrew Forrest, and other leading philanthropists.

The recent publication of two listings of influential business leaders provided food for thought about the growing international influence on Western Australia.

Nicola Forrest has been elected to the board of directors of the Black Swan State Theatre Company.

Andrew Forrest has purchased a further 2 million shares in Fortescue Metals Group at a cost of $10.99 million, further cementing his position as the biggest wealth creator in Western Australia.

Property executives were the big movers in this year's Wealth Creators list, while the resources slowdown put the hurt on mining services directors' fortunes.

Followers of Fortescue Metals Group and its mercurial chairman, Andrew Forrest, have been on a roller-coaster ride during the past five years; but if the current bout of optimism is well-founded, FMG could be heading back to its record price of $12 a share reached in 2008, and Mr Forrest heading for a $12 billion fortune.

The state's first indigenous cultures museum is set to be up and running by 2017 with the help of $50 million from the University of Western Australia's New Century Campaign.

It's hard to imagine anyone being unhappy with Andrew and Nicola Forrest's remarkably generous $65 million donation to establish a system of educational scholarships to rival that created by Cecil Rhodes more than 100 years ago.

Mining billionaire Andrew Forrest has further enhanced his credentials as one of the nation's leading philanthropists with a pledge of $65 million to Western Australia's universities.

Andrew Forrest's philanthropic efforts are as restless as the iron ore magnate himself. Recent changes appear to be part of a restructuring of his various private and charitable interests under the new brand of Minderoo.

Poseidon Nickel has announced Bud Scruggs as its new chairman to replace the departing Andrew Forrest.

Healthcare technology company Allied Healthcare Group will seek to raise $10 million as it looks to launch its CardioCel regenerative tissue patch in Europe.

Indigenous business is thriving and growing in the north-west, but it was not an overnight success.

Fortescue Metals Group has vowed to focus on reducing its debt by 30 or 40 per cent following the official completion of its $US2.4 billion port expansion at Port Hedland.

Great artists of the 20th and 21st centuries feature in the third exhibition to come from New York's Museum of Modern Art.

Andrew Forrest has been appointed as chair of the Art Gallery of Western Australia Foundation council.

I have often wondered aloud, and in writing, if billionaire mining magnate Andrew Forrest's next career might be in politics.

Andrew Forrest rarely steps into the footsteps of others.

THE near certainty of a Coalition government being elected in September, and the single-handed control of state leader Colin Barnett, have reshaped Western Australia's 2013 Most Influential list –

HOW does the managing director of an aspiring nickel miner remain positive amid weakening commodities prices and an equities market in decline?

Poseidon Nickel says its historic Windarra nickel mine will cost $197 million to re-start, with a feasibility study flagging a 10-year mine life and first production in 2014.

One of Western Australia's most prolific residential builders, Dale Alcock, is the latest high-profile CEO to help tackle the issue of homelessness by committing to the St Vincent de Paul Society's

The leaders of some of WA's top private businesses say overregulation is stifling the development of an entrepreneurial culture in Australia.

SCULPTURE by the Sea has opened for its ninth year at Cottesloe Beach this week, and for the first time visitors will be asked to donate a gold coin to keep the free event viable.

Northern Star Resources' Bill Beament is this year's 40under40 First Amongst Equals, heading off strong competition from the three other finalists -Julie Shuttleworth, Steve Gostlow, and Phil Britten.

Most annual shareholder meetings are fairly pointless, but two held last week showed they can still deliver value.

AS careers go, the journey from corporate lawyer and political staffer to heading a new foundation focused on ending what is called ‘modern slavery' is clearly an uncommon one.