UNBELIEVABLE: Fortescue | History Defined

Green energy needed to end dependence on 'fruitcakes'

Mining magnate Andrew Forrest says Australia should produce its own power so it doesn't have to depend on other people's actions on the other side of the world.

AAP · Oct 28

Yindjibarndi native title: Fortescue’s A$150.3m award faces three appeals

Native title compensation in Western Australia reached a record level when the Federal Court ordered Fortescue to pay the Yindjibarndi people A$150.3 million for mining their Pilbara country without agreement. The award, the largest in Australian history, covers cultural and economic loss at the Solomon Hub iron ore operation, which…

The Times of India · Oct 25

Dan Ticktum secures Formula E Gen4 berth with newly-acquired Fortescue Zero team

After his chances of remaining in Formula E appeared slim, the Briton has been handed a lifeline by the team now known as Fortescue Zero.

Motorsport · Oct 22

Australian shares inch higher as energy stocks rally

The local stock market has had a subdued start to the week, with commodity prices driving sentiment and traders holding back ahead of a US bank holiday.

AAP · Sep 7

Fortescue defended keeping an executive at work during a harassment investigation; days later it reversed course and suspended the employee

Fortescue is facing renewed scrutiny over workplace conduct as an external investigation into allegations involving a senior executive runs alongside separate legal action brought by former employees. The mining company has confirmed that law firm MinterEllison is examining the allegations, while the executive remains employed as the inquiry continues. At…

The Times of India · Aug 25

Miner goes 'full steam ahead' on loss-making project

Mining giant Fortescue believes it can turn around a troubled mine project that produces a raw material for green steel.

AAP · Aug 20

Hot out the oven: green iron trial produces first metal

One of Australia's first green iron projects has reached a milestone, producing molten metal from an electric furnace for the first time.

AAP · Aug 19

Aussie shares lose steam to close record-breaking week

The ASX has snapped a five-day rally but remains near record highs as investors mull Middle East uncertainty against a decent start to local earnings season.

AAP · Aug 7

Andrew Forrest's Fortescue flags major asset writedown

Fortescue will write off $746 million from the value of its Iron Bridge magnetite mine in the Pilbara after reviewing scenarios for the troubled operation.

AAP · Jul 31

Mining CEO worth $24 billion nearly drowned and had to break his own leg in freak hiking accident—he used the recovery time to go back to school

"I realized that a) I was on my own, b) I was drowning, and c) I'd been there for a little while because there were no ripples in the water," Forrest recalled.

Fortune · Jul 8