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Andrew Forrest

This Month

Resources Minister Madeleine King.

Critical minerals plan less work in progress than idea in germination

The Albanese government is keen to promote critical minerals and US cooperation as key to the energy transition and green manufacturing jobs.

  • Jennifer Hewett
Anthony Albanese with Kerry Stokes just days before the federal election in May 2022.

Kerry Stokes gathers the oligarchs to kiss the ring

The media and mining mogul’s Telethon Ball was held in Perth on Saturday, bringing together the country’s richest mining billionaires for a private get-together.

  • Mark Di Stefano and Tom Rabe
The new SA Government-owned hydrogen plant and storage facility to be built in a $593m project by ATCO and BOC Linde is located just 6km from Sanjeev Gupta’s Whyalla steelworks. (pictured)

ATCO and BOC Linde win $593m SA hydrogen job, Forrest misses out

Fortescue Future Industries will not be part of the construction of the world’s largest hydrogen plant near Whyalla.

  • Simon Evans
Billionaire spat: Andrew Forrest and Kerry Stokes.

Forrest reignites media bias row with fellow WA billionaire Stokes

Andrew Forrest and Kerry Stokes were due to come face-to-face at a black tie charity event in Perth on Saturday night.

  • Brad Thompson
Andrew Forrest’s Minderoo Foundation has donated $10 million to support humanitarian aid in Gaza.

Forrest foundation donates $10m to aid in Gaza

Minderoo funding will be used to enable the delivery of urgent medical supplies and support, emergency water, nutrition as well as child protection.

  • Gus McCubbing
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Former CSIRO CEO Larry Marshall says Andrew Forrest is Australia’s greatest entrepreneur.

Fortescue ‘on track’ to achieve 2030 decarbonisation target

New board member Larry Marshall says he is convinced the company will achieve its goal, as it seeks to become a major supplier of prototype technology and machinery.

  • Brad Thompson
Wesfarmers chairman Michael Chaney was among high-profile corporate backers of the Voice.

How big business will handle a backlash over the Voice

Much of corporate Australia strongly backed the Voice. The result means they are reassessing how to address social issues as past of the ESG agenda.

  • Jennifer Hewett
Andrew Forrest

Forrest ‘lost and lonely’, but on track for $240m US hydrogen funding

Fortescue’s green hydrogen project proposed for a remediated coal mine in Washington state is in line for huge subsidies from the Biden administration.

  • Updated
  • Matthew Cranston
From top left, Neil Chenoweth, Edmund Tadros, James Thomson, Joe Aston, Alex Gow, LIsa Murray and Lap Phan

AFR journalists are finalists for three Walkley awards

Financial Review journalists are finalists in the 68th Walkley awards for excellence in journalism for their coverage of PwC and Fortescue, two of the biggest business news stories of the year.

Andrew Forrest tests a hydrogen-powered car prototype at his new WAE facility in Oxford.

Andrew Forrest, motorsports mogul, revs up his British business

The Fortescue boss is using the intense competition of motor-racing to drive technical innovation at his mines. Just don’t expect to see him trackside.

  • Hans van Leeuwen
Joe Aston’s farewell card.

Joe Aston’s farewell column

After 12 years of writing Rear Window, my reward was the belly laughs I got to share with AFR readers as, again and again, we denuded the most fantastic pretenders in the nation.

  • Joe Aston

Forrest, Denholm families unite to create more female millionaires

Aliavia Ventures co-founder Marisa Warren says women in venture capital are still underrepresented at the general and managing partner level.

  • Tess Bennett
Jason Crusan, VP New Energy Solutions, Woodside.

The hydrogen market has evolved but customers still rare as ‘unicorns’

Liquid hydrogen is likely to be the “first mover” says Woodside, but customers are “unicorns,” says Peter Colman, the oil and gas major’s former CEO.

  • Elouise Fowler and Angela Macdonald-Smith
Jason Willoughby, Squadron Energy’s CEO said coal fired power station needed to be urgently phased out.

Squadron Energy to spend $20b on renewables by 2030

Squadron expands to become Australia’s biggest renewables’ player after its $4.2 billion purchase of CWP Renewables late last year.

  • Primrose Riordan
Fortescue green energy boss Mark Hutchinson.

Fortescue hunting more green energy after signing 25-year supply deal

The mining giant is a step closer to its Gibson Island green ammonia project after committing to a 25-year renewable energy offtake deal with Genex Power.

  • Updated
  • Brad Thompson
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Former CWP Renewables CEO Jason Willoughby now runs Squadron Energy for Andrew Forrest (right).

Squadron in $220m loss as it digests CWP buy

The Forrest family’s energy vehicle purchased the $4.2 billion renewables giant in December. It says it is cash flow positive, and has had one-off deal expenses.

  • Primrose Riordan

September

Australia’s 10 most powerful business leaders in 2023

In the ultimate view of the Power panel, the sheer size of Commonwealth Bank’s consumer-facing business lifted Matt Comyn to the top of the list.

  • James Thomson
Andrew Forrest’s father has died.

Billionaire Andrew Forrest mourns his father

Andrew Forrest led a horseback guard of honour for his father Don at the family’s cherished Minderoo cattle station in the Pilbara.

  • Brad Thompson
Moody’s reckons Andrew Forrest’s big shareholding in Fortescue creates governance risks.

How Twiggy plans to rewrite the rules of capitalism

Andrew Forrest is overturning conventional ideas that corporations should aim to maximise shareholder returns, and instead sees their social and environmental obligations as paramount.

  • Karen Maley
Paul Brown, the new boss of Hastings Technology Metals.

EVs to robots: Hastings rare earths boss eyes lithium’s ascent

Former Mineral Resources lithium boss Paul Brown will take charge at Wyloo-backed Hastings Technology Metals with one eye on the rise of robotics.

  • Brad Thompson