Original article by Tom Parker
Australian Resources & Investment – Page: Online : 1-Feb-23

Fortescue Metals Group founder Andrew Forrest became a cornerstone investor in rare earths miner Hastings Technology Metals in 2022, via his private company, Wyloo Metals. Forrest says he is "very interested in rare earths", which are essential to the green energy technologies that are being developed by FMG’s Fortescue Future Industries offshoot. A subsidiary of FFI recently built a prototype battery that uses rare earths; the battery will be shipped to FMG’s iron ore mines in the Pilbara for testing in a battery-electric haulage truck.

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, FORTESCUE FUTURE INDUSTRIES PTY LTD, HASTINGS TECHNOLOGY METALS LIMITED – ASX HAS, WYLOO METALS PTY LTD