Andrew Forrest News

31.08 / 08:05

UPS Provident MET Strategy Forrester New Fortescue hire Kwasi Kwarteng barred from advising on UK affairs

Kwasi Kwarteng, the United Kingdom’s former chancellor, has been barred from advising his potential new employer, mining magnate Andrew Forrest, about UK energy affairs and lobbying the British government.

30.08 / 19:13

Target Strategy Forrester Support Forrest claims Hick didn’t support green vision

Fortescue’s radical green reinvention triggered the exit of departing chief executive Fiona Hick, who faced a choice to “get on the bus, or get off the bus”, according to executive chairman Andrew Forrest.

29.08 / 19:39

Career Forrester country Inside UK chancellor Andrew Forrest offers work to former UK chancellor Kwasi Kwarteng

Andrew Forrest, Fortescue’s executive chairman, who is currently facing questions over high executive turnover at his companies, has offered advisory work to former British chancellor Kwasi Kwarteng.

28.08 / 19:17

UPS BLOCK CEO Merit Forrester Solomonic Returns exits Forrest flags lower returns for green projects as mining boss exits

Fortescue Metals executive chairman Andrew Forrest says he will accept the first generation of clean energy projects having lower rates of return than alternative growth options in the iron ore division, as mining boss Fiona Hick added to the extraordinary turnover of executives at the company.

27.08 / 23:39

Career Forrester RIO Fortescue mining boss Fiona Hick walks

Fortescue Metals boss Fiona Hick will leave the company just six months after starting as chief executive, in the latest senior management exit from the company chaired by billionaire businessman Andrew Forrest.

27.08 / 07:51

UPS Forrester Solomonic RIO voice rock debate Voice debate follows Andrew Forrest into the Pilbara

Andrew Forrest has tried hard to stay out of the Voice to parliament debate, but it stalked him into the desert as Yes and No campaigners, including Noel Pearson and Warren Mundine, joined a list of Australia’s rich and financially famous on an elaborate Pilbara pilgrimage.

26.08 / 22:45

UPS CEO Forrester Solomonic stage Fortescue board bolstered by ex-CSIRO boss Larry Marshall

Former CSIRO chief executive Larry Marshall is joining the board of mining giant and aspiring green hydrogen producer Fortescue Metals Group, hailing its founder Andrew Forrest as Australia’s greatest entrepreneur.

24.08 / 05:15

UPS FIVE Forrester APA show APA faced off against itself in an Alinta Pilbara auction for one

Here's some new information about APA Group's knockout bid for Alinta’s Pilbara power assets.

21.08 / 09:41

COST Citi Provident Forrester Fortescue’s $3.1b mine surprise comes sooner than Forrest predicted

Fortescue will start building its $US2 billion ($3.1 billion) Australian iron ore mine and rail project within three years, according to regulatory filings that contradict chairman Andrew Forrest’s suggestion in February that the mine had been deferred until the 2030s.

14.08 / 19:37

SUN Landmark Solomonic country social rock Fortescue has ‘stolen’ and ‘destroyed’ Yindjibarndi land: elder

Fortescue Metals Group had “stolen” and “destroyed” Yindjibarndi land, a visibly upset traditional owner told the Federal Court during an on-country hearing in a landmark compensation case.

10.08 / 07:59

COST Target MET Citizens ANZ Deal Financial MA Financial venture capital arm pens $20m deal with energy start-up

MA Financial’s growth ventures business has inked a $20 million raise in energy start-up Upstream.

09.08 / 10:31

Booking Pool Parke Forrester Solomonic rock Fortescue says WA law on mining compo unconstitutional, court hears

Andrew Forrest’s Fortescue Metals Group wants a key section of the West Australian mining code – which holds the company solely responsible for paying compensation to the Yindjibarndi people – struck off the state’s statute books because it is unconstitutional, a court has heard.

09.08 / 10:31

COST UPS Forrester track exclusive Forrest nickel boss says BHP now happy

Kalgoorlie | Forrest family-owned Wyloo Metals says its recently acquired nickel mines are running at capacity and that major customer BHP has accepted all deliveries in a sign product quality issues are now under control.

31.07 / 02:19

COST UPS Citi IPO Strategy performer LVX Global kicks off pre-IPO raise; eyes September listing

Smart cities and infrastructure engineering business LVX Global is gearing up to take a run at the bourse, seeking to raise up to $5 million in a pre-IPO capital raising.

27.07 / 19:25

Aware Forrester BlackRock Inside The Forrests have secretly intervened in AACo’s Joe Lewis headache

It was some seriously coincidental timing when the Securities and Exchange Commission dropped its bombshell allegations against Joe Lewis on Wednesday. Among the claims being pursued in New York courts is that the British billionaire attempted to help two pilots who flew his private jet make a motza off insider information he had obtained about AACo.

27.07 / 04:07

COST UPS Provident Target FIVE RIO Fortescue aims for fifth consecutive export record

Fortescue Metals expects to set a fifthconsecutive iron-ore export record in the year ahead, after beating analysts’ estimates and delivering to the top end of its target for the year to June 30.

26.07 / 20:05

UPS Apple Forrester Inside Inside the unravelling of Perth’s worst-kept secret

Twenty years ago this month, Andrew Forrest, told a small group of shareholders that Pilbara iron ore was the future and asked for their backing to set up Fortescue Metals Group.

26.07 / 05:53

COST UPS awards Celebrity country shock Warning Austal shares plunge after shock loss warning

Shipbuilder Austal has warned it is in danger of sinking to a loss after a big blowout in costs associated with a US Navy contract.

24.07 / 09:03

UPS Extreme Forrester Celebrity track Inside Future Forrest insider quits key role at Fortescue Future Industries

Andrew Forrest has lost a key lieutenant who served in fix-it roles and executive positions within his business empire for almost a decade, rising to chief financial officer at clean energy arm Fortescue Future Industries.

21.07 / 12:13

MET Forrester country Mike and Annie Cannon-Brookes to separate

Mike Cannon-Brookes, one of the wealthiest businessmen in the country, is separating from his wife Annie, sources close to the family said.

19.07 / 09:05

Forrester In the Forrest family empire, it’s all a matter of trust

It was April last year when the Forrest family made a startling disclosure.

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