The Mincor Resources board has recommended its shareholders take no action after mining magnate Andrew Forrest bid $760 million for the company.
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Fortescue Future Industries (FFI), a subsidiary of Fortescue Metals, has joined forces with the Government of Kenya to develop a major green energy and fertiliser project.
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Fortescue, one of the five largest iron producers in the world, expects renewables to “play a very big part of our overall earnings in the future”.
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Following a number of exits at the senior level, Fortescue boss Andrew Forrest has rejected suggestions of executive dysfunction at the major miner.
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