This Month
Fortescue chief scientist fudged CV, court told
Federal Court documents reveal a buried conflict within Fortescue’s ranks between Andrew Forrest and an Element Zero defector.
- Brad Thompson
Billionaires fund Santos’ bête noire
Gas circles have long pondered the possible connection of Fortescue founder Andrew Forrest to a case against the gas giant. But he’s not involved.
- Updated
- Myriam Robin
- Opinion
- Australian economy
Future Made in Australia is already running off the rails
The Albanese government has fallen into the trap of trying to achieve political wins at high economic cost. And nobody is stopping them.
- John Kehoe
Fortescue in-house lawyer issued spying instructions, court told
Fortescue’s internal counsel personally reviewed the social media of an Element Zero defector to determine his location, according to an affidavit.
- Brad Thompson
ASX dives 2pc; PwC bosses grilled; Fear hits AI stocks
Read everything that’s happened in the news so far today.
From evangelist to pragmatist: Andrew Forrest’s green hydrogen pivot
This week on The Fin podcast, resources reporter Peter Ker on what this retreat means for the government’s green energy plans and Fortescue’s future.
- Updated
Noel Pearson appointed to Fortescue board
This is the Indigenous leader’s first public move following his keeping a low profile since the defeat of the Voice to parliament referendum in October.
- Tom McIlroy and Elouise Fowler
July
- Opinion
- Chanticleer
Fortescue plunge reveals huge shoes to fill
Fortescue was fortunate to have such a sticky institutional backer for as long as it did. Now, it needs to find broader support.
- Anthony Macdonald
Almost $2b of Fortescue shares hit the market in massive block trade
It represents an 8.8 per cent discount at the lower end of the range.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Surging iron ore mining costs plague Fortescue’s year ahead
The Andrew Forrest-chaired resources giant says it expects to grow export volumes, but unit costs are also expected to rise by up to 9 per cent.
- Updated
- Peter Ker
- Updated
- Energy
Forrest’s private Windlab sells big wind projects to Fortescue
The ASX-listed mining group has quietly taken ownership of two projects that were previously controlled by the billionaire’s private renewables developer.
- Updated
- Peter Ker and Brad Thompson
WA government, business warn against environment law deal with Greens
The WA Labor government, business and miners argue demands by the Greens could jeopardise future investment in resources.
- Tom Rabe and Phillip Coorey
Kerry Stokes hires from Twiggy to replace Bruce McWilliam at Seven
Can you ever really replace someone like Kerry Stokes’ top legal lieutenant Bruce McWilliam? Probably not – but maybe that’s a good thing.
- Sam Buckingham-Jones
No party for ASX at 8000 | CFMEU scandal spreads | Twiggy’s green hydrogen blow
This week on the Chanticleer podcast, James and Anthony discuss the subdued reaction to the ASX hitting a historic high, react to recent CFMEU coverage, and explore Fortescue’s revised green hydrogen plans.
- Exclusive
- Rich Bosses
Nation’s richest boss ‘can’t find anything to invest in’ but WiseTech
This year’s list is stacked with tech founders such as Richard White – and shows how divorces can force bosses down the ranks.
- Patrick Durkin and Sally Patten
The 10 wealthiest executives in the ASX 300 revealed
The Australian Financial Review’s Rich Bosses list for 2024 is dominated by tech and mining executives and also welcomes a new face.
- Euan Black
Forrest says Element Zero execs burned bridges ‘like Nazis’
Fortescue chairman Andrew Forrest has distanced himself from surveillance tactics used against former employees, but fully supported the IP lawsuit against them.
- Peter Ker
- Opinion
- Chanticleer
Fortescue’s hydrogen back-flip fails to become sugar hit it should be
One of the issues hanging over the miner is partly gone. So why aren’t fund managers jumping in? They may be more concerned by the company’s other big problems.
- Anthony Macdonald
- Opinion
- Chanticleer
Reality bites for Forrest’s hydrogen dream. Investors won’t mind
The biggest shake-up of Fortescue’s structure and strategy in years will be music to the market’s ear, but is more evidence the energy transition is spluttering.
- James Thomson
‘Twiggy’ Forrest and Gina Rinehart stick their boots in
The ultra-billionaires have a new realm in which to duel: boots.
- Mark Di Stefano