Iron billionaires are in a green energy race

Rinehart’s Hancock now has well over A$1.28bil invested in energy-transition materials, while the power division of Forrest’s Fortescue had assets of US$819mil at the end of June. — Bloomberg

WHICH of Australia’s iron ore billionaires has more money invested in advancing the energy transition?

Andrew Forrest, a green evangelist who recently warned that “it’s business which will kill your children?”