Fortescue, the mining company owned by billionaire Andrew Forrest, files a defence in court arguing that it also spent money on a hydrogen project that has been abandoned. Reporting from multiple outlets says the company’s lawyers submitted the defence late on Wednesday, responding to claims connected to a repayment of $66 million. Fortescue maintains that the spending on the failed hydrogen initiative was made in the course of the project and frames the decision to proceed as an “overreach.” The articles describe the company’s position as part of an ongoing legal dispute about the $66 million repayment related to the cancelled hydrogen work. The sources do not provide further details in the excerpts about the specific legal basis for the repayment demand, the counterclaims being made, or whether any court date has been set. Overall, the coverage aligns on the key point that Fortescue is contesting aspects of the case and is arguing that it, too, funded the failed hydrogen effort before it was discontinued.
Fortescue defends $66m hydrogen repayment in court, calling spending an ‘overreach’
Fortescue, the mining company owned by billionaire Andrew Forrest, files a defence in court arguing that it also spent money on a hydrogen project that has been abandoned. Reporting from multiple outl...
- Fortescue files its defence late on Wednesday in relation to a failed hydrogen project.
- The defence is linked to a $66 million repayment claim.
- Fortescue’s lawyers argue the company also spent money on the hydrogen project.
- Fortescue describes the project’s push as an “overreach.”
- The reporting is consistent across The Age, Brisbane Times, and Sydney Morning Herald.
Lawyers for the mining giant owned by the billionaire Andrew Forrest filed their defence late on Wednesday, arguing they too spent money on the nixed project.
3 months agoLawyers for the mining giant owned by the billionaire Andrew Forrest filed their defence late on Wednesday, arguing they too spent money on the nixed project.
3 months agoLawyers for the mining giant owned by the billionaire Andrew Forrest filed their defence late on Wednesday, arguing they too spent money on the nixed project.
3 months ago
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