Plans to export electricity from Australia to Singapore via a subsea cable are no longer commercially viable and need to be amended, Andrew Forrest's top executive said today.
Fortescue Future Industries has received its first large vehicle battery system as the Forrest-backed outfit seeks to replace its conventional haul truck fleet with electric and hydrogen alternatives.
Fortescue Metals Group chief financial officer Ian Wells will step down from his role at the end of this month, after four years in the position and more than a decade with the company.
Land in the Pilbara has been allocated to seven companies, including Posco, BP, Fortescue and Tees Valley Lithium, hoping to build $70 billion of projects.
GenusPlus has won a $15 million contract with Fortescue Future Industries to build a substation at the group's proposed Green Energy Manufacturing Centre in Queensland.
Andrew Forrest's CWP Renewables buy propels Squadron Energy to the biggest renewable energy developer in the country and supports the billionaire's dream for a ‘green energy ecosystem'.
Stephen Daly has stepped down as chief operating officer for Minderoo and Tattarang after a three-and-a-half year stint inside the Forrest family businesses.
Fortescue Future Industries chief financial officer Guy Debelle is stepping down less than six months into his new posting to recover from a serious cycling incident.
Fortescue executives will have their bonuses tied to emissions reduction targets under a new albeit vague incentive structure tabled by chairman Andrew Forrest at the group's AGM this morning.
Our weekly appointments wrap includes Michael Gunner, Kevin Brown, Paul Steel, Jerry Lam, James Abson, Renato Braz Sue, David Boshoff, Tully Carmady, Kris Warren, Vanessa Martin and Ronald Hurst.
Plans to convert a Queensland ammonia plant to run on green hydrogen will enter front end engineering and design, proponents Fortescue Future Industries and Incitec Pivot announced today.
Fortescue Future Industries will put A$195 million towards a green energy and liquified natural gas import facility in Germany anticipating its first hydrogen delivery four years from now.
Andrew Forrest has lauded outgoing iron ore boss Elizabeth Gaines as one of Australia's most inspiring leaders as the miner prepares to navigate new challenges and pick up the pace on renewables.
WA's deputy premier conceded the state has in the past struggled to build a strong relationship with India as he prepares to lead a major trade delegation to the country later this month.
Fortescue Metals Group is aiming to have its first zero-emission haul trucks fully operational by 2025 after signing a major deal with German manufacturer Liebherr.
Alannah MacTiernan has returned from promoting WA's green hydrogen potential in Europe more confident than ever the state can develop the industry, including manufacturing electrolysers.
Fortescue Metals has clarified a statement by Andrew Forrest implying that a partnership between E.ON and Fortescue Future Industries could see the companies fork out $50 billion.
A likely change of power in Canberra this year will have little bearing on the makeup of WA's political and business leaders. Click through to see our updated ranking of WA's 50 Most Influential.
Perth companies OncoRes Medical and PhosEnergy are among the latest recipients of federal government research grants, with OncoRes also looking to close a private capital raising.
Researchers may finally know the extent of microplastics concentration in the human body as a result of a new partnership between Minderoo Foundation and the University of Queensland.
A day after the announcement of Guy Debelle's resignation, Reserve Bank governor says there are strong internal candidates for the deputy governor role.
Reserve Bank of Australia deputy governor Guy Debelle is joining Fortescue Future Industries as chief financial officer in a major coup for Andrew Forrest's green energy business.
Fortescue Future Industries and Williams Advanced Engineering have started developing a regenerating battery electric train as one of the first projects under their new partnership.
A Danish company is hoping to secure environmental approval for an ambitious offshore wind farm spanning the coast from Bunbury to Mandurah, among the largest proposed globally.
Andrew Forrest's private company has committed to develop Australia's largest renewable energy project, while FFI is proceeding with a green energy project.
Fortescue Future Industries has hired Minderoo Foundation deputy chief executive Felicity Gooding as commercial general manager amid leadership changes at the company.
Fortescue took a 32 per cent hit to profits and has trimmed its interim dividend after a volatile iron ore market during the first half of the financial year.
Henderson-based Matrix Composites and Engineering will collaborate with Fortescue Future Industries to develop equipment and materials technologies to support the business' green hydrogen plans.
Fortescue Future Industries has lodged environmental documents for a renewable energy project near Ashburton that would be a multi-billion dollar development to rival the capacity of the state's entire South West grid.
Fortescue Metals Group will acquire a UK-based engineering firm connected to late F1 team owner Frank Williams in a bid to bring race-bred battery technology to its iron ore fleet.
