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Fortescue News

Thursday October 18, 2018

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ACCC Probes Iron Ore Cartel Concerns
Mining
Thursday March 26 2015

ACCC Probes Iron Ore Cartel Concerns

Calls by Andrew "Twiggy" Forrest for Australia's biggest iron ore miners to cap production are being investigated by the competition watchdog amid concerns about potential cartel...

Christmas Creek Mine Drug Raid
Mining
Tuesday December 2 2014

Christmas Creek Mine Drug Raid

Fortescue Metals Group's Christmas Creek mine site has been raided for drugs by West Australian police.

Pipelines Pave Way for Pilbara Gasification
Infrastructure
Wednesday October 15 2014

Pipelines Pave Way for Pilbara Gasification

Efforts to cut costs are spurring a shift toward gas amongst iron ore miners operating in the mineral-rich Pilbara, as well as an attendant expansion in the...

Mobile Mining Data Will Save Fortescue Millions
Mining
Thursday May 15 2014

Mobile Mining Data Will Save Fortescue Millions

The application of mobile data sharing technology to Fortescue's mining operations in the Pilbara is expected to save the iron ore stalwart millions of dollars via...

Fortescue Completes $US9.2b Expansion
Mining
Saturday March 29 2014

Fortescue Completes $US9.2b Expansion

A $US9.2 billion ($A9.96 billion) expansion of Fortescue Metals' iron ore operations in the Pilbara is complete.

Twiggy Grabs Bigger Slice of FMG as Iron Ore Dives
Mining
Tuesday March 18 2014

Twiggy Grabs Bigger Slice of FMG as Iron Ore Dives

Andrew Forrest has dramatically raised his stake in Fortescue Metals Group, as iron ore prices plunge below a critical threshold and cause share prices to flounder....

Fortescue’s Profits Nearly Quadruple on Output Gains
Mining
Thursday February 20 2014

Fortescue’s Profits Nearly Quadruple on Output Gains

The third biggest iron ore miner in Australia has seen profits for the half-year surge on the back of cost reductions and higher output levels.

Fortescue Under Fire Over Safety
Mining
Monday January 20 2014

Fortescue Under Fire Over Safety

Fortescue Metals Group is under fire over the deaths of two contractors and a string of safety breaches as investigators place the company's operations under the...

Fortescue Price Spike Makes Twiggy $440mn Richer
Mining
Thursday October 17 2013

Fortescue Price Spike Makes Twiggy $440mn Richer

A sharp rise in the price of Fortescue Metal Group shares has increased Andrew "Twiggy" Forrest's personal fortune by around half a billion dollars within the...