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Fortescue Metals Group

This tag is associated with 4 posts

Mining magnate calls on Australian government to use FTA’s to attack slavery


Australian mining magnate Andrew Forrest has called on Tony Abbott to insist new global trade agreements have clauses prohibiting forced labour, as he launched a global slave index in London. The chairman of Fortescue Metals Group said slavery was “as common as church mice, and an insistence on an enforced labour-proof supply chain in any … Continue reading

Australia has failed to create indigenous mining jobs as promised


Mining magnate Andrew Forrest has demanded the government deliver on its promise to get indigenous people into jobs under his covenant. The Fortescue Metals Group chairman has warned that the nation is at a crucial point in politics where a bipartisan commitment is required to meet ambitious jobs targets. Mr Forrest was responding to an … Continue reading

Australian Prime Minister to mend fences with China


Julia Gillard is planning to make up for previous Australian government snubs to China with a visit to Asia’s premier financial forum in the first week of April. Despite the pressures of campaigning for a September election during the pre-budget parliamentary break, the Prime Minister plans to attend the Boao Forum for Asia, held on … Continue reading

Australian stocks surge to 19-month high as US fiscal cliff averted


THE sharemarket started 2013 with a bang as US lawmakers agreed a budget deal to avoid the worst of the so-called fiscal cliff that had threatened to derail the world’s biggest economy. The benchmark S&P/ASX 200 closed up 1.2 per cent at a 19-month high of 4705.9, also after better Chinese manufacturing data helped lift commodity … Continue reading

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