News Articles for Fortescue

Aboriginal businesses have won more than $13 million worth of contracts to work on Fortescue's Iron Bridge magnetite project.

WA Labor amassed a significant fundraising advantage this past financial year as unions, law firms and sitting members opened their wallets to fill the party's coffers.

Contracts totalling $23 million in combined value have been awarded to Belmont-based GenusPlus Group, according to its latest market update.

China’s iron ore imports hit a record volume last year, helping to explain the surprising strength in the commodity’s price and underpinning higher profits for the big miners.Prelimi

After spending the past four months travelling the world on the old Fortescue Metals Group private jet, Andrew 'Twiggy' Forrest is now looking forward to the arrival of a brand new US$73 million aircraft.

Construction of 10, Arafura-class offshore patrol vessels has helped boost Civmec's $1.1 billion order book as record spending has flowed into the defence sector.

Shares in WA's gold and iron ore miners have shot up as the value of both commodities rose to impressive highs overnight.

Companies stripped of iron ore projects in Africa

The updated WA ‘rich list' shows the state's iron ore magnates are moving far ahead of people who made their money in other industries.

Thirteen WA-linked resources businesses were among Australia's 25 top corporate taxpayers, paying $16 billion between them.

Fortescue Metals Group has officially opened its Eliwana iron ore mine in the Pilbara, in the same week the commodity's price reached a new high of $US146 per tonne.

Decision time is looming as iron ore majors seek to lift export capacity.

Andrew Forrest is $2.7 billion richer after the iron ore price rose to a seven-year high, while Chris Ellison's stake in Mineral Resources has grown by $53.4 million.

Business News's in-depth remuneration survey shines a light on the state's high-income earners.

Fortescue Metals Group says it had no choice but to withhold royalties to a Pilbara Indigenous group after traditional owners declined to sign land access deeds.

UPDATED: Australia's share market was a little higher but the market operator has found another problem with data.

Fortescue Metals Group chairman Andrew Forrest has outlined an ambitious plan under which renewable energy will rank alongside the company's core mining business.

While many Australian exporters have tensely waited on news about trade sanctions from China, Fortescue Metals Group has inked deals with 12 partners.

Mining magnate Gina Rinehart has become Australia's richest person after her net worth jumped 109 per cent to nearly $29 billion.

Fortescue Metals Group has posted a 5 per cent rise in first-quarter iron ore shipments, with demand in China for the steelmaking ingredient remaining robust.

Prominent Aboriginal mining executive Daniel Tucker has resigned from the company he founded after it scrapped a deal with Fortescue Metals Group in favour of working with Mineral Resources.

Mineral Resources has surprised the market by purchasing an iron ore project from Australian Aboriginal Mining Corporation, and also bought into a legal fight with Fortescue Metals Group.

Fortescue Metals Group has contracted Veris subsidiary Aqura Technologies to supply telecommunications at the Iron Bridge project in the Pilbara.

Expansion plans are in the works for some of WA's biggest exporters, but commodity prices and projects face uncertainty.

Sustainability and social responsibility were on the agenda at Diggers & Dealers.

Juukan Gorge is back in the news, amid a dispute between Fortescue Metals Group and the traditional owners.

Engineering and construction company Primero Group has unveiled new work, including with Fortescue Metals Group for its approaching Eliwana operation.

Resource Development Group has secured work at Fortescue Metals Group's Solomon Hub, while a contract with Chinese-owned Minjar Gold has been terminated.

Former Fortescue Metals Group director Kenneth C Ambrecht, who has been at the helm of several prominent American finance firms, has passed away.

The rush to gold by investors in the aftermath of the GFC was hardly unexpected.What may have surprised analysts at the time, however, was China’s embrace of iron ore, which ultimatel

Decmil has announced it will undertake $41 million of miscellaneous infrastructure works at Fortescue Metal Group's Iron Bridge magnetite project.

Fortescue Metals Group has received environmental approval to increase iron ore exports through Port Hedland to 210 million tonnes per annum, with other miners hoping to follow.

Alinta Energy has announced an upgrade of its Newman power station, with Clarke Energy winning a contract to install 14 natural gas generating units.

Fortescue Metals Group and the Papua New Guinea government will undertake feasibility work for hydropower projects, with electricity exports and steel making potential uses.

Fortescue Metals Group has substantially increased its final dividend after posting a record annual profit, with company founder and chairman Andrew Forrest getting nearly $2 billion in dividends.

Mineral Resources has reported a strong lift in earnings and dividends and outlined plans to double iron ore exports if it gains approval for a new port development.

The state government has brought forward Western Australia's renewable hydrogen targets by a decade and made a $22 million investment to fuel the sector.

Our weekly appointments wrap includes Robert Solomon, Darren Leslie, Tam Emin, Rhett Bull, Warren Potma and Tony Greenaway.

CIMIC Group's construction business has secured $128 million in new work including with Fortescue Metals Group for its Iron Bridge magnetite project.

A national economy battered by COVID-19 could seek assistance from a strong iron ore sector in WA.