The Fortescue Metals Group founder and executive chairman has taken umbrage because some analysts aren’t drinking what one describes as green-flavoured Kool Aid.
A greater focus on preserving Aboriginal cultural heritage has forced Fortescue to change its mine plan at Glacier Valley and downgrade the resource by 19 per cent.
A new high-grade iron ore product was at the centre of FMG’s plan to curb price penalties on its ore. But Aboriginal heritage matters have stalled progress.
Andrew Forrest and Fortescue s high-grade iron ore pledge looks like a stretch afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
FMG flags huge dividend as high-grade strategy struggles afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.