andrew forrest

T2 · manager / operator

Andrew "Twiggy" Forrest founded Fortescue in 2003 and built it into a global iron ore giant. He holds a PhD in marine ecology and has committed Fortescue to zero fossil fuel by 2030. He also leads the Minderoo Foundation focusing on ocean conservation, ending modern slavery, and AI safety.

1 call·1 name·100% bull·last heard last month·In Good Company with Nicolai Tangen
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$FSUGYFortescueposition

Forrest commits Fortescue to zero fossil fuel by 2030, sees green transition as massive cost advantage

Eliminating $1B/year in diesel costs through full electrification and green hydrogen will make Fortescue the lowest-cost iron ore producer, creating an unmatchable competitive moat until rivals follow suit. AI-driven automation of haul trucks and smart grid management further widens the efficiency gap.

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$FSUGY
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Fortescue
Forrest commits Fortescue to zero fossil fuel by 2030, sees green transition as massive cost advantage
Eliminating $1B/year in diesel costs through full electrification and green hydrogen will make Fortescue the lowest-cost iron ore producer, creating an unmatchable competitive moat until rivals follow suit. AI-driven automation of haul trucks and smart grid management further widens the efficiency gap.
"when we save a billion dollars a year because we eliminate a billion lers of diesel, diesel equivalent from our supply chains, then they will all follow. But they will watch until…"
23:41