Mining magnate Andrew Forrest says a move to slash 700 jobs from Fortescue is not a sign he is pulling away from his green hydrogen ambitions.
Andrew Forrest says Fortescue 's decision to cut 700 jobs is about streamlining the company and that he remains committed to his renewable hydrogen plans.
Speaking on morning radio, the mining magnate and self-described "hardcore bloke from the bush" declared: "Twiggy is not walking back from hydrogen."He told Nine Radio in Perth the job losses, which are expected to be finalised by the end of the month, were about streamlining the company."It's in all the, if you like, white-collar jobs where there's duplication between mining and energy. It's common sense that we bring them together.
Renewable energy expert and founder of clean technology news website Renew Economy, Giles Parkinson, said those factors could lead to shareholder pressure.
Wa News Fortescue Fmg Andrew Forrest Twiggy Forrest Fortescue Jobs Fortescue Job Cuts Green Hydrogen Renewable Hydrogen Andrew Forrest Green Hydrogen Fortescue Green Hydrogen Twiggy Fortescue Fortescue Metals Group
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