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 looking at other parts of WA to acquire land for similar projects Emu Creek Station in the Pilbara and Ella Valla Station in the Gascoyne have recently been sold for undisclosed amounts, with the sale of the Gascoyne's Yalbago Station currently underway. The stations will continue to run cattle to fulfil obligations under the Western Australian Land Administration Act, but the key focus will be on producing renewable energy, according to FFI director-western states Maia Schweizer. FFI is planning to build a renewable energy hub to power Fortescue Metals Group's Eliwana iron ore mine, about 170 kilometres west of Emu Creek and Uaroo Stations.

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