The foray into the industry comes a few months after fellow iron ore magnate Gina Rinehart put $15 million behind the European expansion of another medical cannabis player,Little Green Pharma.
With initial backing of $10 million,the venture has lined up its first four projects including one by an Oscar-winning American director.
Onslow Resources has lost a licence in the WA Warden’s Court which had allowed it to use a 300-metre access track across Minderoo Station to get to a sand mining site in the Ashburton River.
WA billionaire Andrew Forrest’s investment company Tattarang has spent $43 million this week to increase its Huon stake to 18.5 per cent in a move that complicates the $550 million JBS takeover.
The Forrest proposal aims to raise the water table and capture 300 megalitres a year to help grow fodder crops and provide a drinking source for cattle. It was knocked back after advice from the Aboriginal Cultural Material Committee that eight heritage sites,including a mythological site that covers most of the river,could be impacted.
Scientists scattered across the globe can share their data on a new digital platform,pooling their knowledge and discoveries and skills to fast track vital treatments for COVID-19.
It says its feedlot will be higher-welfare than others,but does “better” equal “good”? And without clear labelling,how can you make informed buying decisions?
The feedlots,double the size of the current largest facility,and will take in pasture-raised cattle and feed them enough grain to put on 200kg in 100 days.
For the past few years,the Forrests have turned their considerable influence and wealth towards the fight to save the globe’s dying oceans.
Over tea and tarts,the chiefs of Australia's richest philanthropic organisations put their heads together about early intervention for disadvantaged children.
Iron ore billionaire Andrew"Twiggy"Forrest says his ambitious plan to tackle ocean pollution by raising the raw cost of making plastic is gaining support.