Fortescue Metals Group
Fortescue accused of keeping key meeting a secret in intellectual property case
Billionaire Andrew Forrest’s Fortescue has been accused of failing to disclose “material” information when it secured a warrant to raid the homes and offices of ex-Fortescue staff, who have been accused of stealing the iron ore group’s intellectual property.
- by Anne Hyland
Latest
Fortescue spies sifted through personal mail of ex-staff, followed family members to Kmart: court told
Billionaire Andrew Forrest’s Fortescue seeks to suppress a 600-page document detailing spying on ex-staff amid allegations of stolen intellectual property.
- by Anne Hyland
Andrew Forrest’s Fortescue spied on former staff and their families
The billionaire mining magnate’s company hired private investigators amid allegations of stolen intellectual property.
- by Anne Hyland
Forrest’s Indigenous foes call for inquiry into Fortescue mining
The Yindjibarndi people chasing Fortescue for $500 million compensation now want the independent environment regulator to consider tightening the regulation of the high-grade Solomon mine.
- by Peter Milne
Updated
Sharemarket
Utilities and energy firms lift ASX; Kathmandu drops
The Australian sharemarket staged a major turnaround in the latter half of the trading session to finish on a high, after Wall Street equities backed away from recent records.
- by Millie Muroi
Updated
Mining
Fortescue accuses two former executives of ‘industrial-scale misuse’ of its intellectual property
Andrew Forrest’s Fortescue Group has asked the court for search order in a stoush with former executives who left to start a rival green iron technology firm.
- by Simon Johanson
Paying clean hydrogen’s way in WA will be harder than the hype
A cautionary tale for Australian companies rushing into the clean fuel business: from optimism a few years ago, Yara now finds green hydrogen is a long way away.
- by Peter Milne
Fortescue takes ‘milestone step towards green shipping’ amid iron ore hit
Iron ore shipments of 43.3 million tonnes were six per cent lower than previous corresponding quarter because of the ore derailment in late December and weather disruptions.
- by Simon Johanson
FMG’s Pilbara actions ‘like kicking a dog when it’s down’, court hears
A remote Aboriginal community’s long and poisonous battle with Fortescue Metals Group over its iron ore-rich Pilbara land has reached the Federal Court.
- by Rudi Maxwell
Mining star Fortescue turns biggest loser, thanks to China slump
The iron ore giant’s months-long stock rally appears to be over as investors turn sour on the company’s earnings growth and high exposure to slumping metal prices.
- by Georgina McKay and Paul-Alain Hunt
Fortescue ups dividend, profits jump despite lower iron ore shipments
Andrew Forrest’s Fortescue has reported a boost in earnings and profits despite shipments and production of iron ore from its key Pilbara operations falling.
- by Simon Johanson