Job cuts across Andrew Forrest's Fortescue empire will be split across both the energy and metals divisions globally, but the miner says it's not pulling back from green hydrogen ambitions.
GenusPlus Group has extended its close working relationship with Western Power, after securing a significant maintenance and upgrade works program with the company.
From the outset it was clear Chinese Premier Li Qiang and Australia Prime Minister Anthony Albanese's visit to Perth was going to be colourful, if not particularly newsworthy.
Iron ore magnate Gina Rinehart has risen to the top of the state's 2024 Power 500, with her influence over mining projects behind a $45 billion fortune the clinching factor.
The Minderoo Foundation will invest in Fortescue-developed security gates to help deliver aid into Gaza, according to founder and chair Andrew Forrest.
Andrew Forrest-backed Swoop Holdings has entered into a binding sale agreement in order to divest its wholesale voice call termination business to Pivotel Group for $9 million.
The Western Force has entered a three-way research partnership project with UK-based Hytro Limited and the University of Western Australia, in a bid for its players to enhance their travel recovery.
City of Perth Lord Mayor Basil Zempilas has lauded the Forrest empire's plans for Carillon City, revealing the development will include student accommodation as part of a university-centric city vision.
In this podcast, Mark Beyer and Mark Pownall discuss Forrest property buy; resource conferences; BHP; Anglo-American; Carolyn Turnbull's new job; Feral Brewing's new owner; and preview the next magazine.
Mark Beyer and Mark Pownall discuss the federal budget's mining support, Santos and Quintis job cuts, live sheep exports, property development approvals, NWQ Capital Management, and Clough's journey under Peter Bennett.
Andrew Forrest has led a chorus of industry support for new policies subsidising critical minerals and hydrogen projects, but the measures have failed to garner bipartisan backing.
The Western Force has announced two changes to its high-performance management team, as it continues towards its goal of being the best club in world rugby.
Greatland Gold managing director Shaun Day says the company would be open to consolidating ownership of the Havieron gold-copper project if the opportunity presented itself.
Entrepreneur Vikas Rambal's $4.4 billion fortune leads a group of dozens of new names to be recognised for their wealth generation in the inaugural Business News Rich List.
Mark Pownall and Jack McGinn discuss subsidy warnings; WA Labor's next generation; Hancock's Lynas stake, tailings clean up, Minderoo job cuts, Macmahon's move for Decmil and Inpex's Ichthys decision.
Andrew Forrest-backed Fortescue has acquired a 19.9 per cent stake in Magmatic Resources, in addition to its farm-in, joint venture agreement with the company.
Andrew Forrest has used a National Press Club address to hit out at fossil fuels and nuclear energy, while calling on Australian policymakers to “get on with” facilitating a renewable revolution.
Newmont Corporation has announced it will divest six of its non-core assets, including its Telfer goldmine in the Pilbara, with Andrew Forrest-backed Greatland Gold the likely buyer.
BHP has pushed back plans to build a 1,152-person camp to house nickel workers as the miner mulls the viability of a $750 million upgrade of its Kalgoorlie nickel smelter.
Fortescue is set to pay out $3.32 billion in dividends after a substantial lift in its interim profit, with the biggest beneficiaries being Andrew and Nicola Forrest.
Andrew and Nicola Forrest's charitable foundation increased its total spending by 65 per cent last financial year, while also making its largest ever financial commitment to a global gender fund.
The business dealings of Western Australia's big-name billionaires may grab most of the headlines, but last year it was Dale Alcock's ABN Group that deserved a closer look.
Nicola Forrest has signed up two experienced Minderoo executives as co-directors of a new foundation but says she remains committed to her philanthropic endeavours with ex-partner Andrew Forrest.
Western Australian rare earths developer Hastings Technology Metals is looking abroad to eastern Europe to process ore from its mine under construction in the Gascoyne.
Mark Beyer and Jack McGinn discuss BGC results; home building incentives; housing price hikes; Rio royalty payments; Harvest Road's loss; all the action in lithium; Satterley's LWP deal and Cottesloe preselection.
Harvest Road Group, the agricultural arm of Andrew and Nicola Forrest's business empire, reported a $38.6 million loss after tax in the past financial year as revenues fell by more than $120 million.
Fortescue has pushed back its final investment decision for its proposed green hydrogen and ammonia project in Brisbane, saying it has “more work to do”.
