Fortescue Metals Group

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Prime Minister Tony Abbott says an inquiry into iron ore competition “could make sense”. Alan Porritt/AAP

Competition the wrong test for iron ore inquiry

While it's easy for the large miners to argue increased iron ore production is business as usual, the overall cost to the sector warrants a closer inspection.
Fortescue Metals Group founder Andrew Forrest has suggested iron ore miners cap production, but it might have been unnecessary had he supported a well-designed mining tax. Julian Smith/AAP

Why Twiggy Forrest should have got behind a super profits tax

Had the mining industry engaged differently on the proposed mining super profits tax, it would be in a better position today.
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. 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. 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. 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…

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