Forrest outed as loan friend of farmers

Original article by Andrew Burrell
The Australian – Page: 17 : 1-Aug-14

Fortescue Metals Group chair Andrew Forrest has been revealed as the source of no-interest loans made to drought-affected farmers in the Wheatbelt region of Western Australia (WA) during 2010. The well-known philanthropist has since also set up the Australia-Sino 100-Year Agricultural & Food Partnership scheme, which aims to strengthen the ties between local producers and Chinese food companies such as New Hope Group and Wilmar International. Forrest is optimistic Australia can become an even greater supplier of rural commodity exports to China. He has acquired WA meat processing market leader Harvey Beef for $A30m

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, HARVEY BEEF, GROUP OF TWENTY (G-20), NEW HOPE GROUP, WILMAR INTERNATIONAL LIMITED, GOODMAN FIELDER LIMITED – ASX GFF, MEAT AND LIVESTOCK AUSTRALIA LIMITED, WESFARMERS LIMITED – ASX WES, AUSTRALIAN AGRICULTURAL COMPANY LIMITED – ASX AAC, AUSTRALIA. DEPT OF AGRICULTURE, MINDEROO PTY LTD, BHP BILLITON LIMITED – ASX BHP, RIO TINTO LIMITED – ASX RIO

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