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Fortescue Metals Group

Analysis and Comment (5)

Highly publicised private benefactors are redefining philanthropy in Australia, so now is the time for a discussion on how this wealth can best be harnessed. Highly publicised private benefactors are redefining philanthropy in Australia, so now is the time for a discussion on how this wealth can best be harnessed.

Philanthropy in Australia: it’s what you do with it that counts

The recent commitment by Fortescue Metals chief Andrew Forrest to contribute half of his private wealth to philanthropic causes, coming on top of investor Graham Tuckwell’s $50 million donation for equity…
Relieved: Fortescue Metals Chairman Andrew Forrest wins his High Court appeal - but the message to ASIC is the need for greater transparency. Relieved: Fortescue Metals Chairman Andrew Forrest wins his High Court appeal - but the message to ASIC is the need for greater transparency. AAP

Sharp message to ASIC as Forrest wins High Court appeal

Fortescue Metals Chairman Andrew Forrest can breathe a huge sigh of relief after winning his High Court appeal against a Federal Court finding that might have seen him banned as a company director. The…
Chinese investment in smaller iron-ore suppliers in Western Australia not only presents challenges for the market power of the Big 3 mining companies, but also for the viability of iron ore projects in Australia. Chinese investment in smaller iron-ore suppliers in Western Australia not only presents challenges for the market power of the Big 3 mining companies, but also for the viability of iron ore projects in Australia. AAP

How China drives the Australian iron ore boom (and bust)

With several major mining projects being put on ice this week, talk has quickly turned to whether the Australian mining boom is about to go bust. Jumping on comments by the Resources Minister that “the…
Fortescue founder and current non-executive chairman, Andrew Forrest has been a prominent critic of the federal government’s mining tax. The company has finally launched a much anticipated High Court challenge to the tax. Fortescue founder and current non-executive chairman, Andrew Forrest has been a prominent critic of the federal government’s mining tax. The company has finally launched a much anticipated High Court challenge to the tax. AAP

Fortescue launches High Court challenge to mining tax

Perth-based mining giant Fortescue Metals Group has launched a last-minute High Court action against the mining tax, planning to argue the legislation - due to start on July 1 - breaches the Australian…
Will Andrew Forrest succeed in his push to change the mining tax? Others have succeeded in the past. Will Andrew Forrest succeed in his push to change the mining tax? Others have succeeded in the past. AAP

Twiggy’s sticking to his MRRT story, so it’s time for a miner history lesson

Andrew “Twiggy” Forrest’s visit to Canberra earlier this week didn’t prove particularly effective in swaying the government on its freshly drafted mineral resources rent tax (MRRT) legislation. But the…