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Andrew 'Twiggy' Forrest's Fortescue Metals pulls out of Rawlinna Station sale
1 month, 3 weeks ago

Andrew 'Twiggy' Forrest's Fortescue Metals pulls out of Rawlinna Station sale

ABC  

Mining billionaire Andrew "Twiggy" Forrest has withdrawn from a bid to purchase Australia's largest sheep station with the goal of turning it into a green energy hub. Mr Forrest's Fortescue Metals Group first indicated its intention to acquire the 1-million-hectare Rawlinna Station, 1000km east of Perth, on the Nullarbor Plain, in April 2023. "With policy ambiguity remaining regarding government approval, …

Station Forrest Fortescue Nullarbor Rawlinna Station Rawlinna
ASX 200 retreats from record highs as mining stocks drag, Sigma Healthcare soars as Chemist Warehouse merger gets closer — as it happened
2 months, 3 weeks ago

ASX 200 retreats from record highs as mining stocks drag, Sigma Healthcare soars as Chemist Warehouse merger gets closer — as it happened

ABC  

It was a day of red for the ASX 200, which has closed down 0.7% to 8,208 points at the end of trade this afternoon. The materials sector ended 2.3% lower — the worst of the 11 sectors on the ASX — just one day after recording its best month since April 2020. As for the best performer, Sigma Healthcare …

Sigma Healthcare
Plummeting iron ore prices on back of China's property crisis could wipe $3b from federal budget
4 months, 1 week ago

Plummeting iron ore prices on back of China's property crisis could wipe $3b from federal budget

ABC  

Plummeting iron ore prices could cost the federal government $3 billion in revenue, which is likely to push the budget further into deficit this financial year. Labor facing prospect of less revenue The Treasury often makes conservative forecasts on iron ore prices, which has meant the federal government has regularly received more revenue than it planned for. But now, with …

China Treasury Revenue Chinese Iron Dollar Ore
Fortescue sees green iron boosting win-win ties
5 months ago

Fortescue sees green iron boosting win-win ties

China Daily  

China's economic development has made it a key player in the global economy. China's economic development has made it a key player in the global economy, which will continue to shape global economic growth and technological innovation, including the development of green iron for green transition, in the years to come, said a top executive of Fortescue, a West Australian …

Global China Australia Green Chinese Both Countries Iron
Fortescue Metals CEO: China's energy transition an opportunity
1 year ago

Fortescue Metals CEO: China's energy transition an opportunity

China Daily  

A view of a wind farm in Rongcheng, Shandong province. LI XINJUN/FOR CHINA DAILY China's energy transition serves as a significant opportunity for multinational companies to deepen their market development amid the improved business environment in the country in recent years, a top executive of Fortescue said. "China is already showing strong leadership in developing green solutions, accelerating its investment …

China Green Fortescue
Pilbara pastoralist pleads with Andrew Forrest's Fortescue to leave phone tower in black spot
1 year, 4 months ago

Pilbara pastoralist pleads with Andrew Forrest's Fortescue to leave phone tower in black spot

ABC  

After almost two years of providing mobile phone service to remote Western Australia, Fortescue Metals Group has switched off a phone tower — and the community wants it back. Key points: Mining company FMG has switched off a temporary mobile phone tower near the remote Pilbara town of Marble Bar The tower had been providing telecommunications coverage to a black …

Mobile Company Phone Leave Tower Pilbara Marble Bar
Fortescue, China Baowu Steel Group enter agreement to reduce emissions
1 year, 6 months ago

Fortescue, China Baowu Steel Group enter agreement to reduce emissions

China Daily  

The new special steel is roll off the production line of Magang Group, which is part of China Baowu Steel Group, in Ma'anshan, Anhui province on June 6, 2023. Fortescue, one of the world's largest iron ore miners, has signed a Memorandum of Understanding with China Baowu Steel Group Corporation to work together on reducing emissions associated with iron and …

China Steel Iron Ore Fortescue Baowu China Baowu Steel Group
Tamboran Resources, Fortescue Future Industries among companies assigned land at Middle Arm precinct
1 year, 6 months ago

Tamboran Resources, Fortescue Future Industries among companies assigned land at Middle Arm precinct

ABC  

Gas company Tamboran Resources has announced plans to build a liquefied natural gas plant almost as big as Inpex's Ichthys facility at Middle Arm in Darwin to export fracked gas from the Beetaloo Basin. Key points: A Beetaloo Basin gas company has announced plans for a large LNG export facility in Darwin Green hydrogen, green ammonia and critical minerals projects …

Development Gas Critical Minerals Middle Lng Facility Darwin
Plans for desalination plant revived as part of Goldfields-Esperance water security strategy
1 year, 6 months ago

Plans for desalination plant revived as part of Goldfields-Esperance water security strategy

ABC  

Decade-old plans for a desalination plant will be dusted off as a new working group investigates future water security in Western Australia's mineral-rich Goldfields-Esperance region. Key points: A new working group will be established to consider options for future water security in the Goldfields-Esperance region The northern Goldfields is facing a situation where traditional water supplies, such as underground aquifers, …

Future Water Gold Water Security Northern Plant Esperance
'Slap on wrist' for Rio Tinto and Fortescue after breaching environmental regulations in WA
1 year, 7 months ago

'Slap on wrist' for Rio Tinto and Fortescue after breaching environmental regulations in WA

ABC  

Major mining companies Rio Tinto and Fortescue have avoided fines from regulatory authorities in Western Australia over environmental breaches at their Pilbara operations. Key points: Rio Tinto and Fortescue have avoided fines from WA regulators for environmental breaches The two government departments in charge of environmental regulations for miners are reviewing their compliance regime The mining regulator is exploring a …

Oil Compliance Companies Mining Environmental Regulations Rio Greens
NTPC aims to complete phase-I of Green Hydrogen project by 2026
1 year, 8 months ago

NTPC aims to complete phase-I of Green Hydrogen project by 2026

Deccan Chronicle  

VISAKHAPATNAM: The first phase of the Green Energy Park Project of the National Thermal Power Corporation at Pudimadaka in Anakapalli district, about 40km from Visakhapatnam, will be completed by end of 2026. Talking to the media, the business unit head of NTPC’s Simhadri super thermal power station, Sanjay Kumar Sinha, said NTPC is expected to spend ₹1.1 lakh crore in …

Energy Green Green Hydrogen Project Hydrogen Ntpc Pudimadaka
Australian miner Fortescue reveals $6.2 billion carbon plan
2 years, 3 months ago

Australian miner Fortescue reveals $6.2 billion carbon plan

Hindustan Times  

Australian iron ore miner Fortescue Metals Group announced on Tuesday a $6.2 billion plan to eliminate fossil fuels and carbon emissions from its operations by the end of the decade. The world’s fourth-largest iron ore producer expects to save $818 million a year from 2030 based on current prices of diesel, gas and carbon credits, said a Fortescue statement to …

Emissions Carbon Forrest Fossil Fuels Fortescue Reveals
Outgoing Fortescue Metals boss Elizabeth Gaines says China will want Australian iron ore 'for a long time to come'
2 years, 3 months ago

Outgoing Fortescue Metals boss Elizabeth Gaines says China will want Australian iron ore 'for a long time to come'

ABC  

The outgoing head of Australia's third-largest iron ore producer isn't worried that tensions in the Asia-Pacific region will hurt the $130 billion export industry to China. "The best way to achieve carbon neutrality is to eliminate diesel," Ms Gaines says during a tour of the company's workshop in Perth. Sexual harassment is prevalent in mining "The fact that we haven't …

China Women Industry Mining Chief Iron Gaines
Millie Mackintosh and Hugo Taylor return to wedding venue for first visit as a family of four
2 years, 4 months ago

Millie Mackintosh and Hugo Taylor return to wedding venue for first visit as a family of four

Daily Mail  

They tied the knot in a stunning ceremony at Whithurst Park back in June 2018. And Millie Mackintosh and Hugo Taylor enjoyed a trip down memory lane as they returned to their West Sussex wedding venue with daughters Sienna, two, and Aurelia, eight months, for their first visit as a family of four on Monday morning. Memory lane: Millie Mackintosh …

Chelsea Millie Hugo Sienna Wedding Venue First Visit Millie Mackintosh
ASX tumbles ahead of RBA meeting; Qantas jumps on profitability forecast
2 years, 7 months ago

ASX tumbles ahead of RBA meeting; Qantas jumps on profitability forecast

ABC  

Australian shares have fallen more than 1 per cent in broad-based selling, as investors braced for a central bank policy meeting where it is widely expected to hike interest rates for the first time in more than a decade. Key points: Tech stocks led the ASX decline, dropping 4 per cent Nasdaq has lost 4 per cent last Friday, registering …

Stocks Interest Rates Cent Fed Expected Nasdaq Monthly Inflation
Andrew Forrest snaps up Pilbara and Gascoyne cattle stations for green energy production
2 years, 8 months ago

Andrew Forrest snaps up Pilbara and Gascoyne cattle stations for green energy production

ABC  

Australian mining billionaire Andrew Forrest has continued his land acquisition in Western Australia, purchasing another three cattle stations in the state's north-west to generate renewable energy. Key points: Andrew Forrest's Fortescue Future Industries has purchased three cattle stations in northern WA The stations will continue to run stock, and contribute to the production of green energy FFI says it is …

Energy Renewable Energy Green Green Hydrogen Green Energy Station Stations
World’s first electric ‘Infinity Train’ recharges its batteries using gravity
2 years, 9 months ago

World’s first electric ‘Infinity Train’ recharges its batteries using gravity

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy An Australian iron ore firm has purchased a UK-based battery firm to develop …

Energy Train Indytech Fortescue Infinity Gravitational Energy
Andrew Forrest pulls back on Russian investments, while BP will dump Rosneft stake and Norway divests
2 years, 9 months ago

Andrew Forrest pulls back on Russian investments, while BP will dump Rosneft stake and Norway divests

ABC  

Russian has been dealt a string of further financial blows, as global corporate giants from BP to big banks and Australia's Fortescue scramble to pull their investments out of the country. Key points: BP will sell its 19.75 per cent stake in Rosneft and incur write-downs of up to $35 billion Norway's $1.8 trillion sovereign wealth fund will also divest …

Ukraine Oil Billion Russian Banks Reuters European
How Australian miners have ramped up plans to cut carbon emissions ahead of COP26
3 years, 1 month ago

How Australian miners have ramped up plans to cut carbon emissions ahead of COP26

ABC  

In the arid land of remote Western Australia, plans are underway to build a zero-carbon new mine. Key points: Miners have been ramping up plans to cut their carbon emissions in the lead up to COP26 Some, like FMG, are creating completely new revenue streams Lobby groups want more action, sooner, on "scope 3" emissions Mining company Oz Minerals wants …

Climate Green Green Hydrogen Emissions Plans Carbon Cut
JCB signs multibillion-pound deal to buy green hydrogen
3 years, 1 month ago

JCB signs multibillion-pound deal to buy green hydrogen

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The deal for green hydrogen was signed with Australian firm Fortescue Future Industries in a partnership the company called …

Green Green Hydrogen Deal Hydrogen Ffi Jcb Email Sign
JCB signs multi-billion pound deal for ‘fuel of the future’ green hydrogen
3 years, 1 month ago

JCB signs multi-billion pound deal for ‘fuel of the future’ green hydrogen

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. It will mean JCB will purchase 10% of FFI’s …

Green Green Hydrogen Sign Deal Hydrogen Ffi Jcb
Hydrogen touted as solution in BlueScope's long road to green steel
3 years, 2 months ago

Hydrogen touted as solution in BlueScope's long road to green steel

ABC  

Australia's largest steel producer BlueScope wants to start the transition to zero-carbon green steel inside the next decade, but the catch is the technology is yet to be proven on a large scale. Key points: Steel manufacturer BlueScope is looking to hydrogen as a way to cut its greenhouse emissions A Swedish collaboration is leading the way with green steel …

Energy Port Green Green Hydrogen Way Swedish Page
What is green hydrogen, how does green ammonia fit in, and could they pave Australia's way to a renewable future?
3 years, 2 months ago

What is green hydrogen, how does green ammonia fit in, and could they pave Australia's way to a renewable future?

ABC  

Green hydrogen — it might sound like something out of a Superman comic but one of Australia's richest men is betting on the substance to make Australia a world leader in renewable energy while creating jobs in the process. He also revealed that his company Fortescue Future Industries would be conducting a feasibility study looking into making green ammonia from …

Energy Water Green Green Hydrogen Gray Source Forrest
Andrew 'Twiggy' Forrest says red tape cost WA big hydrogen project
3 years, 2 months ago

Andrew 'Twiggy' Forrest says red tape cost WA big hydrogen project

ABC  

Andrew Forrest has revealed he wanted to make his first big hydrogen investment in Western Australia, not Queensland, but says state government red tape held him back. Key points: Andrew Forrest says land "tenure" issues are holding his green energy company back from making hydrogen investments in WA WA Hydrogen Minister Alannah MacTiernan argues his real problem is related to …

Investment Land Green Energy Project Forrest Hydrogen Native Title