Portrait of Andrew Forrest

People/magnate

Andrew Forrest

Andrew Forrest (born 1961), magnate, from Australia. Linked to iron ore.

The lucky break

In 2003 he took control of Allied Mining and Processing and renamed it Fortescue Metals Group.1,2,3

Legacy

Fortescue shipped its first ore on 15 May 2008, and Cloudbreak began mining that month at about 40 million tonnes a year. Christmas Creek started in May 2009. He stepped down as chief executive in August 2011 and became chairman. These are historic facts from a 2012 report.1,2,3

Story cards

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Where next

Mines

OwnedCloudbreakFortescue built its own iron ore mine, rail and port in the Pilbara.1

Sources

  1. A footprint without parallel (Fortescue) Australian Mining Review
  2. Wikidata item Q504773
  3. File pages and licence metadata for portraits (via the Commons imageinfo/extmetadata API) Wikimedia Commons

Pictures on this page: Andrew Forrest (cropped).jpg, Chatham House (CC BY 2.0).

From the Prospector Trails mining history dataset: each fact links to the source it was checked against. Figures are as the source gives them, in the money of their day. Not investment advice.

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Cover photos from Wikimedia Commons: Autonomous trucks by RobSimmons223311, CC BY-SA 4.0; Conveyors, rail and ports by Kabelleger / David Gubler, CC BY-SA 4.0. Pictures: Kirunavaara gruva, Kiruna., Fotograf okänd, / Europeana (Public Domain Mark 1.0).