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Fortescue axing hundreds of jobs

Oliver Peterson
Article image for Fortescue axing hundreds of jobs

Andrew Forrest’s flagship company Fortescue is preparing to axe 700 jobs, while abandoning a plan to produce 15-million tonnes of green hydrogen by 2030.

Oly Peterson broke the news to Perth Live listeners on Wednesday afternoon.

Business writer at WAToday.com.au, Peter Milne joined Oly later in the show to explain the reasons behind the move.

 

Oliver Peterson
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