Category: Andrew Forrest

Australian Billionaire Unveils Biggest Renewables Hub in Southern Hemisphere

Mining billionaire Andrew Forrest continues to make good on his commitment to transform Australia into a world-class green energy titan, with the announcement of what could become the southern hemisphere’s largest solar, wind, and battery hub. Forrest-owned Squadron Energy Orders has issued contracts to immediately start construction for the $3 billion (US$2.2 billion) Clarke Creek…


Australia Launches New ‘Only in Australia’ National Brand

Australia has launched a new national brand featuring the logo of a golden Kangaroo and complemented by the tagline “Only in Australia.” The brand was redesigned after its old design, a golden wattle, resembled an illustration of the coronavirus. More than 300 marketing resources will be freely available to Australian businesses to help better promote…


Australian Mining Billionaire Launches Criminal Case Against Facebook

Mining billionaire Andrew Forrest has launched criminal proceedings against social media giant Facebook for breaching Australia’s anti-money laundering laws, and for failing to deal with clickbait advertising for cryptocurrency. Forrest has launched two simultaneous actions, one in the Magistrates Court of Western Australia and the other in the Superior Court of California, County of San…


Australia Spearheads First Carbon Capture Hub

Australia has announced a new $220 million carbon capture and storage (CCS) hub in South Australia amid outcries for the technology to be scrapped altogether. The Australian government has lauded CCS as a critical pathway for reducing emissions in emissions-intense industries, such as energy, whereby emitted carbon dioxide is captured and piped into naturally formed…


Australia Banks On Carbon Offsets To Reach Net Zero Emissions

Australia has outlined it has no plans on halting its emissions-laced industries in order to meet climate goals, but instead will be honing in on reaching “net” zero emissions through carbon offsets and technological development. This comes during dialogue between Prime Minister Scott Morrison and other world leaders at COP26, the 26th United Nations climate…


Forrest Calls For Australia To Rekindle China Friendship

Mining magnate Andrew Forrest has once again come under scrutiny for his favouritism towards China after calling for Australia and the Asian nation to diffuse tensions for the mutual economic benefit at a National Press Culb address. Forrest, whose mining company Fortescue has long-held ties with China and the Chinese regime, has openly expressed praise for the…


Mining Billionaire and Queensland Pair Up For Global Hydrogen Hub

Mining billionaire, Andrew Forrest, continues to ramp up Australia’s renewable export industry after partnering with the Queensland government to create a hydrogen mega-manufacturing centre on the state’s central coast. Forrest’s Fortescue Future Industries (FFI) will inject $114 million into helping transform Gladstone into an international hub for both the production of green hydrogen-making equipment, known…


Australian Mining Billionaire to Challenge China Solar Manufacturing Market

Billionaire mining and energy entrepreneur Andrew Forrest is spearheading a move to improve Australia’s solar manufacturing industry. Despite an estimated 22.3 gigawatts (GW) of solar capacity across Australia, the sun-laden nation does not have the capability to manufacture its own solar panel components, with 90 percent of Australia’s solar panels made in China. TindoSolar, Australia’s only…


Australian Mining Magnate in the Hotseat for World’s Largest Hydro Project

One of Australia’s wealthiest individuals, Andrew “Twiggy” Forrest, is in the hot seat to develop the world’s largest hydroelectric project in central Africa. On Wednesday, the mining magnate’s company, Fortescue Metals Group, confirmed discussions were already underway between Forrest and the Democratic Republic of Congo (DRC) government. Under current arrangements, Forrest’s Fortescue Future Industries (FFI)…


RM Williams to Be 100 Percent Aussie-Made: Andrew Forrest

Billionaire mining magnate Andrew Forrest is hoping he can make RM Williams 100 percent Australian-made again, saying he will do “whatever it takes” to make it happen. Forrest made the comments while visiting the RM William’s factory in Salisbury, Adelaide earlier this week with his wife Nicola. It was the first time the couple set…