Plans to export electricity from Australia to Singapore via a subsea cable are no longer commercially viable and need to be amended, Andrew Forrest's top executive said today.
Mark Pownall and Mark Beyer discuss Andrew Forrest, Cape Mentelle Vineyards, Julian Walter, CBH Group, Westpork and preview the next edition of Business News.
Billionaires Andrew Forrest and Mike Cannon-Brookes have declared their support for Sun Cable's ambitious $35 billion renewable energy project but its clear they won't be investing together.
Ambitious plans to develop the world's largest solar energy network in the NT have gone awry after a disagreement between billionaire backers Andrew Forrest and Mike Cannon-Brookes.
Fortescue Metals Group chief financial officer Ian Wells will step down from his role at the end of this month, after four years in the position and more than a decade with the company.
Andrew Forrest's CWP Renewables buy propels Squadron Energy to the biggest renewable energy developer in the country and supports the billionaire's dream for a ‘green energy ecosystem'.
A research centre launched by Andrew and Nicola Forrest's Minderoo Foundation will use advance DNA sequencing technology to find major breakthroughs in ocean conservation.
Fortescue Future Industries chief financial officer Guy Debelle is stepping down less than six months into his new posting to recover from a serious cycling incident.
Fortescue executives will have their bonuses tied to emissions reduction targets under a new albeit vague incentive structure tabled by chairman Andrew Forrest at the group's AGM this morning.
Former British Airways chief executive Rod Eddington has been appointed to the advisory board of Squadron Energy, a subsidiary of Andrew and Nicola Forrest's company Tattarang.
Higher input costs and a weaker iron ore price were evident during Fortescue's first quarter of the new financial year, along with Chairman Andrew Forrest's green energy ambitions.
Researchers Steve Wilton and Sue Fletcher have been recognised for their biotech industry leadership, while a life science legacy award has been presented to Andrew and Nicola Forrest.
Andrew and Nicola Forrest have opened the possibility of having separate CEOs for their investment company and their philanthropic foundation after appointing John Hartman to replace Andrew Hagger.
Mining billionaire Andrew "Twiggy" Forrest's court case against Facebook parent Meta will proceed after overcoming an argument about legal jurisdiction.
Andrew Forrest's Wyloo Metals has launched an 11th-hour bid to overturn the Supreme Court's dismissal of its tenement spat with sand miner Quarry Park and Cauldron Energy.
Fortescue Future Industries will put A$195 million towards a green energy and liquified natural gas import facility in Germany anticipating its first hydrogen delivery four years from now.
A European leader in clean energy has earmarked $4.4 billion for Australia's transition, with new climate laws set to require a massive spend on the grid.
Woolworths Group says it is considering ‘all options' to unlock value for luxury retailer David Jones after a tough spell during the pandemic, with Andrew Forrest a reported suitor.
Billionaire Andrew Forrest has snapped up Cottesloe's heritage-listed Le Fanu for $15.6 million after the property spent more than three years on the market.
The shortage of workers in the resources and infrastructure sectors will peak at 84,000 in two years' time and would be worse if not for project cancellations, Pit Crew has found.
Perth engineer Kate West will push for a greater focus on female workforce participation and better planning for the industries of the future at this week's jobs summit.
Andrew Forrest has lauded outgoing iron ore boss Elizabeth Gaines as one of Australia's most inspiring leaders as the miner prepares to navigate new challenges and pick up the pace on renewables.
Andrew Forrest's Wyloo Metals will make its first move into rare earths by backing ASX-listed aspiring producer Hastings Technology Metals for $150 million via a convertible notes arrangement.
Wesfarmers boss Rob Scott and FMG founder Andrew Forrest are likely to be the only Perth-based business leaders at next week's jobs summit in Canberra, with Meg O'Neill a conspicuous absentee.
Fortescue Metals Group has delivered record iron ore shipments of 189 million tonnes for the financial year, the last with outgoing chief executive Elizabeth Gaines at the helm.
