ENERGY MINERALS

FMG continues throwing down the gauntlet to BHP, Rio

ANDREW Forrest continues to throw down the gauntlet to FMG’s Pilbara iron ore peers BHP and Rio Tinto, today further sketching-out FMG’s 2030 decarbonisation plans by saying more than US$6 billion will be spent by 2030 to reduce operating costs by $818 million per annum and “eliminate fossil fuel risk”.