Latest news with #FortescueMetalsGroup
Sydney Morning Herald
25-05-2025
- Business
- Sydney Morning Herald
The Pilbara is at risk of becoming a ‘wasteland'. Could green iron help?
Australia's vast Pilbara iron ore industry has the potential to reinvent itself into a lucrative 'green iron' export powerhouse, research suggests, amid warnings that China's hunt for higher-quality ore to make cleaner steel may hasten the mining province's demise. Andrew Forrest, the billionaire chairman of Western Australia's third-largest iron ore shipper, Fortescue Metals Group, declared last week that Chinese steel mills' shift away from traditional blast furnaces to less-polluting technologies threatened to turn the iron ore mining hub into a 'wasteland'. 'They're looking straight into a future that may or may not include WA,' Forrest told a mining summit in Perth. Iron ore – the raw material needed to manufacture steel – is Australia's biggest export commodity, raking in more than $100 billion in export revenue a year, and China is the world's biggest importer. But as Australia's iron ore giants face difficulties maintaining the quality of their supplies, there are fears demand could shrink as Chinese steel mills turn to less-emitting processes that use electricity instead of coal and require higher grades of iron ore with fewer impurities. Rod Sims, the long-serving former chair of the Australian Competition and Consumer Commission, said China's effort to clean up its polluting steel industry posed a threat but also a potentially enormous opportunity for Australia, which he said was 'superbly well positioned' to pivot to green iron manufacturing. 'Green iron is the next great chapter in Australia's export story,' Sims said. 'As the world decarbonises, our fossil fuel exports will inevitably decline – but by using our unparalleled renewable energy resources to make green iron, we can replace those exports with high value, zero carbon products that the world will need.' One way to produce green iron involves the use of green hydrogen – hydrogen produced using renewable energy to split water into hydrogen and oxygen – as a substitute for coal in the steel-making process to ensure the end product is emissions-free.
The Age
25-05-2025
- Business
- The Age
The Pilbara is at risk of becoming a ‘wasteland'. Could green iron help?
Australia's vast Pilbara iron ore industry has the potential to reinvent itself into a lucrative 'green iron' export powerhouse, research suggests, amid warnings that China's hunt for higher-quality ore to make cleaner steel may hasten the mining province's demise. Andrew Forrest, the billionaire chairman of Western Australia's third-largest iron ore shipper, Fortescue Metals Group, declared last week that Chinese steel mills' shift away from traditional blast furnaces to less-polluting technologies threatened to turn the iron ore mining hub into a 'wasteland'. 'They're looking straight into a future that may or may not include WA,' Forrest told a mining summit in Perth. Iron ore – the raw material needed to manufacture steel – is Australia's biggest export commodity, raking in more than $100 billion in export revenue a year, and China is the world's biggest importer. But as Australia's iron ore giants face difficulties maintaining the quality of their supplies, there are fears demand could shrink as Chinese steel mills turn to less-emitting processes that use electricity instead of coal and require higher grades of iron ore with fewer impurities. Rod Sims, the long-serving former chair of the Australian Competition and Consumer Commission, said China's effort to clean up its polluting steel industry posed a threat but also a potentially enormous opportunity for Australia, which he said was 'superbly well positioned' to pivot to green iron manufacturing. 'Green iron is the next great chapter in Australia's export story,' Sims said. 'As the world decarbonises, our fossil fuel exports will inevitably decline – but by using our unparalleled renewable energy resources to make green iron, we can replace those exports with high value, zero carbon products that the world will need.' One way to produce green iron involves the use of green hydrogen – hydrogen produced using renewable energy to split water into hydrogen and oxygen – as a substitute for coal in the steel-making process to ensure the end product is emissions-free.
West Australian
25-05-2025
- Sport
- West Australian
Denmark Diamonds' Emma-Lee Dellar named Football West's female Coach of the Year
Denmark Diamonds coach Emma-Lee Dellar has been named Football West's Commbank Coach of the Year for 2025 . Dellar was delighted to receive her award during Female Football Week at the Sam Kerr Football Centre in Perth on May 9. She said it was humbling to work with a group of women who 'took camaraderie to the next level'. 'I'm actually super privileged to be able to do it,' she said. 'I get so much out of it, seeing players progress and being part of the community.' When she's not pitch-side, she is the principal geophysicist for the Fortescue Metals Group. Soccer has been her first love, and her most recent, but she played Gaelic football while living in Ireland and also represented Australia at gridiron — the American game. She played soccer as a child in the Pilbara and in the United States where she spent a year of high school. However, her playing career ended after suffering a cruciate ligament injury playing at Curtin University, where she was studying geophysics. After a break, she decided the time was right to transition into coaching. She has since completed her foundation level certificates and said she loved embracing the challenge of coaching a group of women in a country town. 'It's great to see people bonding through sport,' she said. 'It gets women engaged in the community, they are able to express themselves physically and it's great for everyone's mental health. 'We have a super profile in the town — a town of 6000 people supporting four women's soccer teams is extraordinary.' Known as Dells to the players, her coaching is not about systems and tactics. 'For me, it's about setting the scene and delivering philosophies,' she said. 'A coach can make you feel included or excluded and it's that sense of inclusion that is most important to me.'
The Age
07-05-2025
- Entertainment
- The Age
Why Andrew Forrest bankrolled David Attenborough's last great project
London: Andrew Forrest's voice sharpens with urgency when he talks about the ocean. 'We are right on the brink of extinction of species across our oceanic planet,' the billionaire Fortescue Metals Group chairman warns. 'It's an ignorant race – a short-sighted, policymaker-driven race to fish out the oceans before someone else does.' That passion for the ocean – rooted in his PhD in marine ecology and a lifetime connection to Australia's waters – has found a global amplifier in Sir David Attenborough. Last night, their shared vision came to life with the world premiere of Ocean with David Attenborough at London's Royal Festival Hall. Backed by Minderoo Pictures, Forrest's impact film company, the documentary shines a stark spotlight on the devastation caused by industrial overfishing, with Attenborough's unmistakable narration guiding audiences through the science, destruction and solutions. Minderoo was the first to invest in Ocean, committing £1.5 million ($3,078,000) of the film's £3.8 million budget. Forrest says he was motivated not just by the need to finance the film but by its potential to raise awareness about the global issue of overfishing. 'It's about using storytelling to shine a spotlight on overfishing, a crisis that demands global action,' Forrest says. 'It shows the hideous, wasteful destruction, the short-sightedness of legislators, the lack of science behind decisions to allow bottom trawling anywhere in the world.' The premiere attracted a high-level guest list reflecting the film's global significance: King Charles III, former US climate envoy John Kerry, National Geographic's Dr Sylvia Earle, the United Nations' Arsenio Dominguez and, of course, the man himself, Attenborough, who turns 99 this week (May 8).
Sydney Morning Herald
07-05-2025
- Entertainment
- Sydney Morning Herald
Why Andrew Forrest bankrolled David Attenborough's last great project
London: Andrew Forrest's voice sharpens with urgency when he talks about the ocean. 'We are right on the brink of extinction of species across our oceanic planet,' the billionaire Fortescue Metals Group chairman warns. 'It's an ignorant race – a short-sighted, policymaker-driven race to fish out the oceans before someone else does.' That passion for the ocean – rooted in his PhD in marine ecology and a lifetime connection to Australia's waters – has found a global amplifier in Sir David Attenborough. Last night, their shared vision came to life with the world premiere of Ocean with David Attenborough at London's Royal Festival Hall. Backed by Minderoo Pictures, Forrest's impact film company, the documentary shines a stark spotlight on the devastation caused by industrial overfishing, with Attenborough's unmistakable narration guiding audiences through the science, destruction and solutions. Minderoo was the first to invest in Ocean, committing £1.5 million ($3,078,000) of the film's £3.8 million budget. Forrest says he was motivated not just by the need to finance the film but by its potential to raise awareness about the global issue of overfishing. 'It's about using storytelling to shine a spotlight on overfishing, a crisis that demands global action,' Forrest says. 'It shows the hideous, wasteful destruction, the short-sightedness of legislators, the lack of science behind decisions to allow bottom trawling anywhere in the world.' The premiere attracted a high-level guest list reflecting the film's global significance: King Charles III, former US climate envoy John Kerry, National Geographic's Dr Sylvia Earle, the United Nations' Arsenio Dominguez and, of course, the man himself, Attenborough, who turns 99 this week (May 8).
