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Articles for Forrest, search results for billion

Federal Budget 2024: How Andrew 'Twiggy' Forrest was a massive winner after Jim Chalmers introduced major tax breaks that will benefit the billionaire's private and public business interests
7 months, 1 week ago

Federal Budget 2024: How Andrew 'Twiggy' Forrest was a massive winner after Jim Chalmers introduced major tax breaks that will benefit the billionaire's private and public business interests

Daily Mail  

Andrew 'Twiggy' Forrest was a major winner in the Federal Budget, following the introduction of generous tax incentives for both his private and public business interests. Andrew ' Twiggy ' Forrest was a major winner in the Federal Budget, following the introduction of generous tax incentives for both his private and public business interests Treasurer Jim Chalmers said on Tuesday …

Energy China Australia Tax Budget Mining Green
Federal budget 2023: Billionaire Andrew Forrest a likely budget winner with green hydrogen subsidies
1 year, 7 months ago

Federal budget 2023: Billionaire Andrew Forrest a likely budget winner with green hydrogen subsidies

ABC  

Mining magnate Andrew Forrest believes a $2 billion federal funding injection to help accelerate Australia's green hydrogen industry will be just the start, as his company positions to tap into the likely subsidy. Key points: The federal budget includes $2 billion to accelerate the green hydrogen industry Industry wants money delivered via a subsidy, like the United States Big players …

Energy Australia Industry Budget Projects Green Green Hydrogen
Banks smashed in ASX fall as Lowe doubles down on rate hikes; 'Twiggy' Forrest slams climate-denying politicians — as it happened
1 year, 10 months ago

Banks smashed in ASX fall as Lowe doubles down on rate hikes; 'Twiggy' Forrest slams climate-denying politicians — as it happened

ABC  

For a company that just posted a record half-year profit, the market didn't look kindly on CBA, or the banking sector as a whole. Commonwealth Bank shares ended the day 5.7 per cent lower at $103, with Westpac off 4.3 per cent, NAB off 4.1 per cent and ANZ down 3.8 per cent. It seems fears that CBA's net interest …

Bank Cent Cba Star Entertainment
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
Andrew Forrest begins work on green hydrogen hub in Gladstone, confirms $3b for renewables farm
2 years, 9 months ago

Andrew Forrest begins work on green hydrogen hub in Gladstone, confirms $3b for renewables farm

ABC  

Mining billionaire Andrew Forrest has turned the first sod for construction of the world's largest electrolyser facility in central Queensland, where he also announced a $3 billion investment in a wind, solar and battery farm. Key points: Construction on FFI's green hydrogen manufacturing hub begins in Gladstone Stage one will build infrastructure to make green hydrogen, called electrolysers Andrew Forrest …

Energy Wind Green Green Hydrogen Project Gladstone Forrest
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
NSW unveils $3b green hydrogen blueprint, backed by Andrew Forrest
3 years, 2 months ago

NSW unveils $3b green hydrogen blueprint, backed by Andrew Forrest

ABC  

Premier Dominic Perrottet says a hydrogen strategy unveiled by the NSW government that aims to help the state hit net zero emissions by 2050 is "world-leading”. Key points: Premier Dominic Perrottet and billionaire Andrew Forrest unveiled the plan in Sydney today The new hydrogen strategy signals a transition away from coal in NSW It's expected the plan will attract investment …

Energy Coal Green Green Hydrogen Strategy Plan Premier
New $1 billion-plus project in Queensland to double world's green hydrogen production capacity
3 years, 2 months ago

New $1 billion-plus project in Queensland to double world's green hydrogen production capacity

ABC  

Fortescue Future Industries will build the world's largest green energy hydrogen manufacturing facility in Central Queensland, mining billionaire and company founder Andrew "Twiggy" Forrest says. Key points: Fortescue Future Industries' new facility is expected to double the world's green hydrogen capacity The $1 billion-plus investment is expected bring thousands of jobs into the future When completed, its green hydrogen manufacturing …

Energy Future Green Green Hydrogen Expected Forrest Queensland
Apple’s app store chief fends off attacks in antitrust trial
3 years, 7 months ago

Apple’s app store chief fends off attacks in antitrust trial

Associated Press  

SAN RAMON, Calif. — Apple’s top app store executive on Thursday faced an avalanche of documents unleashed Thursday by an Epic Games lawyer aiming to prove allegations that the iPhone maker has been gouging app makers as part of a scheme hatched by Apple’s late co-founder Steve Jobs. Apple so far has mounted a fierce defense of its so-called “walled …

Jobs Apple Epic App Iphone Store Forrest
Apple’s ‘walled garden’ faces Epic attack in app store trial
3 years, 7 months ago

Apple’s ‘walled garden’ faces Epic attack in app store trial

Associated Press  

SAN RAMON, Calif. — Apple’s lucrative app store was alternately portrayed as a price-gouging monopoly and a hub of world-changing innovation during the preamble to a trial that may reshape the technological landscape. Epic, the maker of the popular Fortnite video game, laid out evidence drawn mostly from Apple’s internal documents in an attempt to prove the company has built …

Trial Google Apple Epic Company App Billion
Andrew 'Twiggy' Forrest's energy company AIE signs lease for Port Kembla gas terminal
4 years, 1 month ago

Andrew 'Twiggy' Forrest's energy company AIE signs lease for Port Kembla gas terminal

ABC  

Just a few months after Santos won planning approval for a multi-billion-dollar Narrabri coal seam gas project, Australian mining magnate Andrew "Twiggy" Forrest is speeding up plans for a floating gas import terminal at Port Kembla. Key points: Squadron Energy, part of Mr Forrest's Tattarang group, has signed a 25-year lease with NSW Ports It says it can provide 75 …

Energy Gas Port Project Cent Lng Forrest
FMG results deliver Andrew Forrest close to $1.2 billion payday despite coronavirus pandemic
4 years, 4 months ago

FMG results deliver Andrew Forrest close to $1.2 billion payday despite coronavirus pandemic

ABC  

A bumper year from Fortescue Metals Group has provided a payday of more than a billion dollars for the company's founder Andrew Forrest. Key points: Chinese iron ore demand has underpinned FMG's record results The company's full-year shipments were 6 per cent higher than last year Chief executive Elizabeth Gaines says the good times are likely to continue Fortescue has …

Record China Billion Cent Iron Gaines Ore