BHP will not match Wyloo Metals' bid for Canadian nickel play Noront Resources, clearing the way for the Forrest-backed business to acquire all capital in the company for C$1.10 apiece.
Andrew Forrest may have high hopes for green hydrogen, but plans revealed by Fortescue today to develop the Belinga project in West Africa indicate iron ore pursuits show no sign of slowing.
Andrew and Nicola Forrest's Minderoo Foundation has upped its giving to $109.6 million in the 2021 financial year, cementing its place as one of the largest philanthropic foundations in Australia.
Andrew Forrest's Wyloo Metals has bolstered its offer for Noront Resources by some 57 per cent just hours after walking away from unsuccessful détente talks with takeover rival BHP.
Fortescue Metals Group chief executive Elizabeth Gaines will step away from her role as the iron ore miner makes the transition to a green energy and resources group.
Andrew Forrest's agricultural investments vehicle will acquire New Norcia Farm as part of a $40 million move designed to underpin the expansion of its cattle and beef supply chain.
Australia has made limited progress to restore its fish stocks despite having the governance capacity to do so, according to new research from the Minderoo Foundation.
Woodside Petroleum lured a self-confessed ‘tech geek' from NASA to head its hydrogen plans, including a $1 billion-plus proposal for a Perth export hub.
Discussions between BHP and Andrew Forrest-backed Wyloo Metals are set to continue until the end of November as the parties look to reach an agreement on sought after Noront Resources.
Export revenue has become increasingly concentrated on iron ore but WA has still benefitted, while moves to net zero now dominate thinking. Click for the list of WA's biggest exporters.
Fortescue will unveil a potential aviation fuel supply deal within days, as chair Andrew Forrest defended his ambitious green hydrogen plans at the company's annual meeting on Tuesday.
BHP has pushed back the expiry date on its $A372 million cash offer for Canadian miner Noront Resources by a week to begin talks with takeover rival Wyloo Metals.
Andrew Forrest's Fiveight has applied to build a $10 million 36-room short-stay apartment development in Exmouth, to help ease accommodation pressures in the town.
Billionaires Andrew and Nicola Forrest have commissioned James Giddy to paint a series of murals in WA during COP26 to raise awareness of the climate discussions in Glasgow.
JBS Australia is acquiring Huon Aquaculture Group after shareholders voted in favour of the takeover, including Andrew Forrest who criticised the deal, citing animal welfare concerns.
Andrew Forrest says he will hold out on approving JBS Group's proposed takeover of Huon Aquaculture until JBS brings its animal welfare and sustainability commitments up to standard.
Wyloo Metals is the frontrunner to acquire Noront Resources, with the Andrew Forrest-backed outfit set to reel in the Canadian nickel miner over a competing bid from BHP.
The state opposition has lashed Mark McGowan for his response to Andrew Forrest's comments about WA "dithering" on green hydrogen, after he said he would not hand over billions of dollars simply to attract industry.
WA mining magnate Andrew Forrest has slammed the state government for “dithering” on green hydrogen, days after unveiling plans to build a $1 billion green hydrogen hub in Queensland.
Fortescue Future Industries will conduct a feasibility study on ammonia production in Brisbane, its second major deal in two days after announcing a hydrogen manufacturing hub in Gladstone.
Minderoo Foundation's new marine research laboratory on the doorstep of Ningaloo Reef will examine the impacts of climate change on the world's oceans.
Fortescue Metals Group has announced a high-level framework agreement with the Eastern Guruma people and flagged a $500 million mining joint venture but was light on details.
Fortescue chief executive Elizabeth Gaines has responded to concerns about a potential reopening of state borders, saying the company can track, trace and test to manage a mine site outbreak.
Andrew Forrest will receive a $2.4 billion dividend from Fortescue Metals Group, after the company's profit more than doubled thanks to high iron ore prices.
Andrew Forrest has called on federal regulators to stop JBS Group's proposed takeover of Huon, one day after the board of the Tasmanian fishing business affirmed its support of the deal.
Tasmanian business Huon Aquaculture today confirmed it had received a takeover proposal from Andrew Forrest's Tattarang, lower than that of Brazilian meat processing giant JBS.
The state government's plan to clear 12 hectares of vegetation in Exmouth to realign Yardie Creek Road will be subject to the highest possible level of scrutiny by the EPA.
Jaxon Construction says it has paid a majority of the subcontractors on its Forrest Hall project, after days of speculation about the future of the company.
Andrew Forrest's Tattarang has lifted its stake in Huon Aquaculture to 18.5 per cent, less than a week after the fish-farming business received a takeover offer from meat processing giant JBS.
