Fortescue Metals Group’s Billion Opportunities program has marked a significant milestone, celebrating more than $4 billion in contracts and sub-contracts awarded to Aboriginal businesses since the initiative was launched in 2011.
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More Peters and Pauls than Marys
Outgoing chief executive of Fortescue Metals Group, Elizabeth Gaines, has once again stressed the importance of gender equality in the mining industry.
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Fortescue hits new peak for iron ore shipments
Fortescue Metals Group has registered record iron ore shipments of 49.5 million tonnes for the July quarter, boosting FY22 shipments to 189mt, exceeding the top end of guidance.
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FMG, Liebherr in green haul truck partnership
Fortescue Metals Group has teamed up with multi-national equipment manufacturer Liebherr to develop and supply green mining haul trucks.
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Forrest takes back Fortescue Group reins
Andrew Forrest is set to resume duties as executive chairman of the Fortescue Group when Elizabeth Gaines concludes her tenure in August.
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Rinehart and Twiggy top Australia’s rich list again
Australia’s top 10 richest people of 2022 have been revealed with mining magnate Gina Rinehart topping the list for the second year in a row.
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Fortescue adopts Dyno Nobel differential energy
Dyno Nobel to supply Fortescue Metals Group’s Iron Bridge magnetite project in the Pilbara with its differential energy blasting technology.
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Coffee can replace coal in steel making: UNSW
The University of New South Wales has published three papers in favour of replacing coal with coffee grounds and hydrogen in its patented Green Steel technology.
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Major miners committed to emissions accountability
Major miners Fortescue Metals Group, Aurizon and South32 have signed up to the new Corporate Emissions Reduction Transparency report pilot.
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Fortescue battery-electric train next stop: Infinity and beyond
Fortescue Metals Group has commenced the development of a regenerating battery-electric iron ore train project, the Infinity Train.
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Veris pipeline passes $190m with Iron Bridge deal
Veris has become part of developments at Fortescue Metals Group’s Iron Bridge magnetite project in Western Australia, signing a contract for pipeline infrastructure.
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Fortescue plans unrivalled renewables hub
Fortescue Metals Group has proposed to construct a 5.4 gigawatt (GW) renewable energy hub in the Pilbara region of Western Australia to fulfil its net-zero promise by 2030.
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Fortescue begins 2022 with wind in its sails
Fortescue Metals Group has set records for second quarter and first half ore shipments, while achieving several milestones at the Iron Bridge magnetite project in Western Australia.
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Mining West buy a ‘turning point’ for MACA
MACA has completed its $175 million purchase of Downer’s Mining West business, while the sale of the Bluff coal mine to Bowen Coking Coal was also completed.
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Just how do we supply all these clean metals?
Metals demand in the clean energy transition may call for substitution between materials, while lithium supplies may need to increase seven-fold by 2030, according to McKinsey & Company.
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Fortescue considers taking backseat at Iron Bridge
Fortescue Metals Group has indicated it’s open to contracting for mining services at its Iron Bridge magnetite project in Western Australia, contrary to its usual strategy.
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Fortescue on track to decarbonise fleet
Fortescue purchases two Battery Electric Locomotives to transport iron ore to port, continuing the decarbonisation of its locomotive fleet.
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Follow the leaders: This year’s biggest executive appointments
Keep up with the latest executive movements across the mining sector, including at Fortescue Metals Group, Anglo American, the New South Wales Government, Liontown Resources and Kirkland Lake Gold.
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GenusPlus adds drilling prowess with Fortescue deal
Fortescue Metals Group subsidiary Pilbara Energy Company has awarded a $30 million contract to GenusPlus for 98 kilometres of overhead transmission line in Western Australia.
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Was Gaines’ transition the right move for Fortescue?
Analysts have suggested Fortescue Metals Group’s may be better served by diversifying into more reliable commodities like base metals, rather than renewable energy.
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