Fortescue Metals

Fortescue Metals is a major player in the iron ore industry, recognized as one of the world's leading producers and sea-borne traders of iron ore. Established in 2003, the company has experienced significant growth and is listed in the S&P/ASX 50 share index. With a workforce of over 65,000, Fortescue is focused on pursuing growth strategies to capitalize on its position as the major tenement holder in the Pilbara region, known for being a prime location for iron ore mining. The company's relentless pursuit of growth and expansion sets it apart in the industry, solidifying its position as a key player in the global iron ore market.

Andrew Forrest

Founder and Chairman

6 past transactions

Electric Hydrogen

Series C in 2023
Electric Hydrogen is a company focused on deep decarbonization by developing low-cost, high-efficiency systems for producing fossil-free hydrogen. The company targets industrial sectors such as ammonia and steel production, which contribute significantly to global greenhouse gas emissions. By rethinking electrolysis technology from scratch, Electric Hydrogen aims to make clean hydrogen competitive with traditional methods in terms of cost and scale. Their advanced PEM (Proton Exchange Membrane) technology uses renewable electricity to generate clean hydrogen gas, reducing industrial pollution and dependence on fossil fuels. The company's leadership team brings extensive experience from pioneering clean energy companies like Tesla and First Solar, positioning Electric Hydrogen as a strong contender in the quest for zero-emission industrial processes.

Austal

Post in 2022
Austal specializes in designing, constructing, and supporting innovative defense and commercial vessels. The company focuses on aluminum shipbuilding technology.

Williams Advanced Engineering

Acquisition in 2022
Williams Advanced Engineering, a division of the Williams Group, specializes in providing advanced technology and engineering services to a wide range of industries. With a focus on innovation and cutting-edge solutions, the company leverages its expertise to deliver high-performance products and services to its clients. By combining its engineering capabilities with state-of-the-art technology, Williams Advanced Engineering helps businesses across various sectors optimize their operations and achieve their goals.

High yield Energy Technologies

Acquisition in 2021
HyET group create technologies that enable commercially viable, large scale access to decentral renewable energy sources. The primary objective of the HyET group is to develop a sustainable and profitable business based on the above objective.

Nullagine iron ore project

Acquisition in 2016
Nullagine mine was in production for five years before weak iron ore prices forced it to be shuttered in December last year.

Coridon

Series A in 2010
Coridon is a privately held company based in Brisbane, Australia, founded in 2000. The company focuses on the development of DNA therapies aimed at preventing and treating viral infections, including Herpesvirus and Hepatitis C, as well as therapeutic vaccines for cancer treatment. Coridon's innovative approach involves creating DNA vaccines that target diseases such as influenza and hepatitis C, providing patients with advanced options for curing both acute and chronic conditions. Through its research and development efforts, Coridon seeks to contribute significantly to the field of medicine with its pioneering therapies.
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