Oct 27, 2025 (Yahoo! Finance - ABIX via COMTEX) --
Fortescue's founder and executive chairman Andrew Forrest says Australia has a "fantastic" future in manufacturing. Forrest adds that Australia can compete against the best of the world, but he contends that the nation must target areas where it is the best rather than simply trying to prop up "old industries". He also says Australia must avoid trying to compete with industrial powerhouses like China and the US in these industries. Meanwhile, Forrest says governments are underestimating Australians by propping up struggling or failing businesses such as the Mount Isa copper smelter in Queensland and the Port Pirie lead smelter in South Australia..
Publication Date: 28 October 2025
FORTESCUE LIMITED - ASX FMG
COMTEX_469845187/2229/2025-10-27T18:10:01
By Duncan Evans
Copyright 2025 Roy Morgan Research. All Rights Reserved.
