Forrester Financial News

IGO, the West Australian nickel and lithium miner that slashed almost $1 billion from the value of assets it acquired from Western Areas, faces a year-long delay and a $275 million cost blowout on that project.

Every few years a disruptive technology comes out of left field and entirely changes the future of the global energy system, smashing into our consciousness like a thunderclap.

The board of Fortescue Metals conducted a secret review into whether its executive chairman, Andrew Forrest, had a relationship with an employee of the mining giant but cleared him of wrongdoing.

2023 Genesis Scottish Open at The Renaissance Club, maintaining his 36-hole advantage with a solid 3-under 67 on Saturday. Currently at 13 under par, McIlroy holds a one-shot lead over Tom Kim and is two strokes ahead of Tommy Fleetwood and Brian Harman as they head into the final 18 holes. The final round on Sunday promises to be exhilarating. Similar to Saturday, tee times are scheduled early to avoid anticipated rain, but players will also have to contend with winds blowing at 20-30 mph, possibly gusting up to 40 mph. Despite the earlier tee times, Sunday's weather is expected to be the most challenging of the week, embracing the true essence of the Scottish Open. From tee times to TV and streaming information, here's a comprehensive guide to all you need to know for the final round of the 2023 Genesis Scottish Open. Please note that all listed times are in Eastern Standard Time (EST).

Shark Week, the highly anticipated annual event on Discovery Channel, returns for its 35th year with thrilling and captivating programming. This year, viewers can expect an up-close look at a great white shark feast, exploration of the effects of sharks feeding on illegal drugs in public waters, and a deep dive into the fascinating world of sharks. Hosted by Jason Momoa, Shark Week 2023 promises to deliver hours of exciting content.

Big investors in Fortescue Metals said the miner can sail through the breakdown of executive chairman Andrew Forrest’s marriage and the subsequent ownership reshuffle that has given Nicola Forrest control of the single biggest Fortescue stake.

Australia’s richest couple, Andrew andNicola Forrest, have separated but insist the strategic direction of the mining giant they control, Fortescue Metals Group, will not be affected by their decision to pursue independent lives.

On Saturday, July 29, the game is scheduled to take place in Dublin's esteemed Aviva Stadium. The game's start time has been tentatively set at 2 PM. Starting tomorrow (Wednesday, July 12), fans who are excitedly anticipating this match may purchase tickets through Ticketmaster. Although neither team has yet to make an official statement, Ticketmaster's confirmation gives the rumour more validity. After travelling to the Algarve last Friday, Brendan Rodgers' team is now in Portugal for a rigorous weeklong training camp. Celtic will play two games against Portimonense of the Primeira Liga as part of their pregame workouts. The games are slated for tomorrow night and Saturday. These games, nevertheless, will be played behind closed doors. Following their time in Portugal, Celtic will embark on their tour in Japan. They will first face Ange Postecoglou's former club, Yokohama F. Marinos, on July 19, followed by a match against Gamba Osaka three days later. After their journey in the Far East, the back-to-back champions will travel to Dublin for the much-anticipated match against Wolves. Shortly thereafter, Celtic will return to Parkhead to host Athletic Club. This fixture will serve as James Forrest's testimonial match and will be played a few days after the Dublin encounter. Celtic's first official league match, where they will unveil their league flag, is scheduled for August 5 against Ross County. This game marks the beginning of their title defense, as they aim to secure another successful season.

Santos chief executive Kevin Gallagher says a much-touted net-zero emissions report produced by the International Energy Agency had slowed down the transition away from fossil fuels by giving activists ammunition to campaign against gas developments that would help with decarbonisation.

Global miner Rio Tinto and Japan’s Sumitomo Corporation will build a $111 million world-first hydrogen plant at the Yarwun alumina refinery in Gladstone to help reduce carbon emissions at the energy-intensive facility.

Berlin | Mining and clean-energy billionaire Andrew Forrest is poised to set up a new battery manufacturing hub in the US, as Fortescue Future Industries tries to reap the benefits of President Joe Biden’s $US369 billion ($550 billion) Inflation Reduction Act.

It appears Street Talk’s eagle eye missed one defence major lurking in the data room of takeover target Austal.

Small players are the biggest losers from the federal government’s $2 billion hydrogen fund based on new proposals showing it will focus on two or three flagship projects to expand the scale of electrolyser capacity to 1000 megawatts by 2030.

Billionaire Andrew Forrest is rewriting history in nickel-rich Western Australia, returning to the scene of his biggest career heartbreak as the owner of Mincor Resources.

Pacific Equity Partners is considering a tilt at New Zealand-listed engineering business Scott Technology, which is 53 per cent owned by Brazilian meat processor JBS and has Macquarie Capital running a strategic review.

Elon Musk spent the weekend further alienating Twitter users with more drastic changes to the social media giant, and he is facing a new challenge as tech nemesis Mark Zuckerberg prepares to launch a rival app this week. Zuckerberg's Meta group, which owns Facebook, has listed a new app in stores as «Threads, an Instagram app», available for pre-order in the United States, with a message saying it is «expected» this Thursday.

TikTok and Instagram users can scroll with abandon

By Jody Godoy

Elon Musk's move to temporarily cap how many posts Twitter users can read on the social media site could undermine efforts by the company's new chief executive Linda Yaccarino to attract advertisers, marketing industry professionals said. Musk announced Saturday that Twitter would limit how many tweets per day various accounts can read, to discourage «extreme levels» of data scraping and system manipulation. Users posted screenshots in reply, showing they were unable to see any tweets, including tweets on the pages of corporate advertisers, after hitting the limit.