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Page 20 - ஃபார்‌டெஸ்க்யூ எதிர்கால தொழில்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Fortescue declares bumper dividend, but faces setback in green push

Fortescue Metals Group boosted its dividend payout on Thursday but a cost blowout at a key development project in Western Australia tarnished its ambitions to become a green energy powerhouse.

Fortescue puts aside $400m for new hydrogen, wind and solar projects

18 February 2021 Fortescue Metals is set to funnel at least $400 million into renewable energy technologies such as wind, solar and green hydrogen, as it ramps up its push to be one of the world’s biggest clean energy companies. That would come on top of around $100 million of investment this financial year. If the iron ore price remains high, the $400 million figure could be several hundred million dollars higher by the end of the financial year. The iron ore miner unveiled a massive half year profit on Thursday of more than $4 billion, thanks to sky high iron ore prices. It’s been a bumper year for all Australian iron or miners, thanks rocketing demand from China and little competition from the other main iron ore producing country, Brazil. Fellow iron ore producers Rio Tinto and BHP have announced similarly massive profits this month.

Fortescue, ANZ Bank, Wesfarmers, CSL, Crown Resorts, Star, Perpetual, Santos, Origin Energy, Coca-Cola Amatil, Seven Group, Woodside, Auckland Airport, Sonic Healthcare, Beacon Lighting, Whispir half year results

Fortescue, ANZ Bank, Wesfarmers, CSL, Crown Resorts, Star, Perpetual, Santos, Origin Energy, Coca-Cola Amatil, Seven Group, Woodside, Auckland Airport, Sonic Healthcare, Beacon Lighting, Whispir half year results
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Fortescue declares bumper dividend, but faces setback in green push

Fortescue declares bumper dividend, but faces setback in green push
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

Forrest s COVID-19 ordeal spanned Uzbekistan to Switzerland

Forrest s COVID-19 ordeal spanned Uzbekistan to Switzerland Share Andrew Forrest contracted the potentially deadly COVID-19 virus while globe-hopping in pursuit of renewable energy projects for his Fortescue Metals Group and spent several days in a Swiss hospital receiving high-level care. Australia’s richest man revealed his ordeal in an exclusive interview with The Australian Financial Review, but said he did not regret travelling the world through the height of the pandemic in a bid to secure key hydro and other renewable energy assets for Fortescue. Andrew Forrest arrived back in Perth early in the new year after his global trek. 

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