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Weekend read: Shining magnate

Mining magnate Andrew “Twiggy” Forrest is the founder and executive chair of Australian iron ore producer Fortescue Metals Group. The company has announced an ambitious $6.2 billion decarbonization strategy and its Fortescue Future Industries subsidiary has rapidly become a global player in green hydrogen, along with a host of other energy transition technologies. Whether it is pushing to decarbonize mining, hashing out headline-making green energy deals, or using the popular “Rick and Morty” cartoon to educate people about the potential of green hydrogen, Fortescue and its shining magnate are talking the talk. But can they walk the walk? <b>Blake Matich</b> reports. ....

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Andrew Forrest defends his green ambitions amid analyst doubts

The Fortescue Metals Group founder and executive chairman has taken umbrage because some analysts aren’t drinking what one describes as green-flavoured Kool Aid. ....

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Dividend danger signs in Fortescue green spending spree

Analysts expect Fortescue Metals Group dividend payouts to take a hit under plans to spend $US6.2 billion on turning iron ore mining operations green. ....

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Austraian Iron Ore Magnate Andrew Forrest Pushes for New 'Decarbonisation' Plan

Australian iron ore billionaire Andrew Forrest has announced a $9.2 billion (US$6.1 billion) plan to "eliminate" his mining . ....

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FIVE at FIVE AU: Fortescue to eliminate fossil fuels by 2030, but shareholders don't like it; petrol to rise; rate hikes to slow

Here’s Proactive Australia’s round-up of the top financial stories of the day, with helpful links taking you directly to the news. ....

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