Tag: Fortescue Metals

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…


Fortescue Resumes Solomon Hub Operations After Worker’s Death

Australia’s Fortescue Metals Group Ltd. said on Friday it had restarted operations at its Solomon Hub site in Western Australia, a day after a worker died at the site, adding that its cost and output forecasts for fiscal 2022 remained unchanged. The world’s No.4 iron ore miner was forced to temporarily halt work at Solomon…