Fortescue

Only two of the 10 largest mining companies are on track to limit climate change to two degrees Celsius, according to the Transition Pathway Initiative (TPI).

Fortescue Metals Group chief executive Elizabeth Gaines is confident that Chinese steel demand will support Australia’s recovery from the coronavirus pandemic.

Mining magnate Andrew Forrest has reportedly joined 20 other bidders to save Virgin Australia, which was recently sent into voluntary administration with almost $7 billion owed.

Fortescue Metals Group has shrugged off the operational impact of COVID-19 by achieving record March quarterly shipments and an upgraded guidance. The company shipped 42.3 million tonnes in the March 2020 quarter, which was up by 10 per cent from the 38.3 million tonnes shipped in the March 2019 quarter. As a result, guidance for … Continue reading Fortescue achieves record shipments amid COVID-19 pandemic →

thyssenkrupp Industrial Solutions will supply two of its KB 63-130 gyratory crushers — which are set to be the largest in Australia — to Fortescue Metals Group’s Iron Bridge magnetite project in the Pilbara, Western Australia.

The global metals and mining industry has recorded $US1.26 billion ($2.05 billion) in mergers and acquisition (M&A) deals for February, according to a Global Data report.

BHP, Fortescue, Anglo American and Hatch have established a green hydrogen consortium to tackle the mining industry’s carbon emissions.

Andrew Forrest has continued his share market cash splash as the market took a nosedive this week.

BHP has retained its position as the world’s most valuable mining, iron and steel brand, according to the latest report by Brand Finance.

Fortescue Metals Group has cleared a Christmas Creek employee from coronavirus after presenting symptoms that met the Western Australian Department of Health’s criteria.

Andrew Forrest has raked in 22 million shares from Fortescue Metals Group, upping his stake in the company to 35.3 per cent.

Fortescue Metals Group has welcomed a record number of ore shipments in its latest half yearly report.

Fortescue has awarded PTK Environmental Services a five-year contract extension for its waste management services.

Gender diversity is at the top of the agenda for many firms, not as a societal obligation but because of the real value it delivers.

Fortescue Metals Group is celebrating more graduates from the company’s Vocational Training and Employment Centre (VTEC) in Karratha, Western Australia.

Vysarn subsidiary Pentium Hydro will provide Fortescue Metals Group with drilling and construction services under a new contract.

Fortescue Metals Group has lodged an application to appeal the decision of the full federal court, after it awarded the Yindjibarndi people exclusive rights to a section of Pilbara land where Fortescue operates its Solomon mine.

Fortescue Metals Group has been beaten by a consortium including Guinea’s biggest bauxite exporter in a tender to develop key sections of the massive Simandou iron ore project in the West African country.

Fortescue Metals Group has awarded a $24 million contract to Australian Ceramics Engineering (ACE), as part of its commitment to supporting jobs in the Pilbara region.

Fortescue Metals Group head of cyber security Mark Wallace believes the mining industry is sitting on a gold mine of data, labelling it as “the strategic asset we need to focus on.”