"Andrew Forrest will directly run his Fortescue Metals Group’s iron ore business for the first time since 2011, as part of a wide-ranging C-suite shake-up that has also installed a new boss at his ever-expanding green energy business Fortescue Future Industries."
Yes i believe he is there to push the green drive, but also with FMGs massive cashflow, he will be wanting to also expand the business into other green minerals and do this properly, you need to be back involved as a executive director. I am pretty sure CHN will be getting considered. Reminder CHN chair Derek La Ferla is very close to Andrew.
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$1.72 |
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Mkt cap ! $667.3M | |||
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