Fortescue has abandoned plans to build a 5.4-gigawatt renewable energy hub in the Pilbara region of Western Australia, as reported by the Australian Financial Review (AFR).
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Fortescue has invested about $NOK100 million ($13.5 million) to become the third largest shareholder in green hydrogen developer Norwegian Hydrogen.
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Fortescue has released its September 2023 quarter report, with its total shipments and cost guidance for the 2024 financial year remaining unchanged.
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Fortescue has today announced it has taken the lead investor role in Electric Hydrogen’s (EH2) US$380 million ($603.4 million) series C funding round.
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Fortescue Metals executive chairman Andrew Forrest shared a presentation showing the stark effects of climate change at the Boao Forum for Asia in Perth on August 30.
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Christine Morris has resigned as chief financial officer (CFO) of Fortescue Metals. She is the 11th executive to leave the company in three years.
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Off the heels of announcing its new chief executive officer (CEO), Fortescue has achieved underlying net profit after tax (NPAT) of $8.5 billion in the 2023 financial year (FY23).
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The Western Australian Environment Protection Authority (WA EPA) has opened the proposed Nyidinghu iron ore mine and the East Hamersley railway project from Fortescue for public comment.
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