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Fortescue’s board greenlights $750M investment in global renewable projects

Fortescue Metals Group has received board approval for a Final Investment Decision (FID) on three major green energy projects with an estimated total investment of approximately USD 750 million (AUD 1.1 billion) over the next three years.
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.