News Articles for Andrew Forrest

Billionaire Andrew Forrest has received approval to renovate Le Fanu after the local council greenlit his $30 million proposal for the Cottesloe site.

Andrew Forrest's plan for his $15.6 million Le Fanu property has received support from his neighbours, including John Bond and Annie Fogarty.

Fortescue Energy's ambition to have the world's first green ammonia-powered ship at sea by 2022 has seemingly veered off course, but the group has affirmed plans to trial the ‘Green Pioneer' later this year.

ANALYSIS: This week's departure of three senior people from Andrew Forrest's Fortescue Metals Group highlights just how different the Perth company is from its ASX peers.

In this podcast Mark Beyer and Mark Pownall discuss Fortescue's revolving door, Qantas, Perth house prices, renewable deal, Frank Wilson, Federal IR changes and the Dowerin Field Days.

Fortescue chair Andrew Forrest has made an impassioned speech to attendees of the Boao Forum for Asia Conference, saying it's up to businesses to 'save or destroy' the planet.

The mining giant is believed to be planning to exit its East Perth headquarters to move to a St Georges Terrace building.

The rapid push for EVs, and the search for metals required to power them, is leading to some uncomfortable outcomes.

In this podcast Mark Pownall and Mark Beyer discuss Forrest separation implications, Kerry Stokes' laneway, Ben Wyatt, Mark Hatfield, the Ritz Carlton, Chellingworth and Moody's.

The separation of billionaire power couple Andrew and Nicola Forrest has caused acrimony between Nine's Australian Financial Review and rival Seven West Media newspaper, The West Australian.

A series of share transfers and company restructures over the past six months mean that Andrew and Nicola Forrest will have a roughly equal split of their $34 billion fortune.

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.

Wyloo Metals has secured the shareholder support it needs to take over nickel player Mincor Resources, in what could prove a key deal for Andrew Forrest's downstream processing ambitions.

Sitting with a $7.6 billion endowment following a mammoth donation of Fortescue Metals Group stock, Minderoo Foundation has sought to refine its areas of focus.

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

WA has some very prominent philanthropists, detailed in our updated list of foundations, and there is a push to expand giving across the wider community.

SRG Global has notched a $40 million contract to engineer wall façades for a luxury hotel and apartment project on Sydney Harbour purchased by Andrew Forrest.

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.

Much has changed on the state's playing fields and courts over the past 30 years, but success comes in many forms and WA teams still deliver.

Billionaire Mike Cannon-Brookes is set to acquire collapsed renewable energy business Sun Cable, despite previous interest from former project partner Andrew Forrest.

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

The malfeasance and missteps of the 1980s and 1990s have been ironed out as the economic wheels turn.

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.

Takeover target Mincor Resources could be delisted from the ASX if Wyloo Metals does not achieve the 90 per cent stake needed for a compulsory acquisition.

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

Andrew and Nicola Forrest-owned boot retailer RM Williams will open a flagship store in the OneNinety building as a $10 million redevelopment of the precinct nears completion.

Minderoo Foundation has continued its support of war-stricken Ukraine by delivering $3.2 million worth of generators for civillians to access emergency power.

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

Takeover target Mincor Resources has withdrawn its full-year nickel production guidance after customer BHP refused to alter its contract to accept lower quality ore.

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

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.

Senior editor Mark Beyer talks to Jordan Murray about why some charities are grappling with whether to pay fees to their non-executive directors.

Andrew Forrest's Wyloo Metals has lobbed a $760 million cash takeover for restarting nickel player Mincor Resources, using the target's ailing share price in a bid to sway investors.

FTI Consulting says parties beyond Andrew Forrest and Mike Cannon-Brookes have expressed interest in buying the mammoth solar project known as Sun Cable.

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.

Andrew and Nicola Forrest-led Tattarang has acquired prime Sydney land for more than $500 million, with plans to construct Australia's first Waldorf Astoria Hotel.

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

Mark Pownall and Mark Beyer discuss Andrew Forrest's feud with Kerry Stokes, plus the latest on cost blowouts, the Perth Parking Levy and car imports.

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.