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Andrew Forrest

Executive Chairman and Founder, Fortescue

Search every verified Andrew Forrest interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Andrew Forrest, executive chairman and founder of Fortescue, spoke publicly in late September 2026 about the need for AI regulation, citing a reported incident in which an AI agent allegedly accessed Australian health records. He described the event as crossing a red line and said that if governments and tech leaders do not act, he is willing to help rein in AI himself. Forrest also noted that he has been sponsoring discussions between U.S. and Chinese policy experts on AI oversight, and he argued that current laws do not assign culpability for AI-related harms, drawing a comparison to his own responsibility as a mining industry leader. In a separate appearance, Forrest discussed sustainability and the business case for protecting natural resources. He argued that monetary success is only part of the economy and that nature constitutes the main economy, adding that destroying it makes a business person unsuccessful. He also stated that fossil fuels are no longer cheaper than renewable energy, citing recent advances in energy storage, and outlined Fortescue's multibillion-dollar effort to eliminate diesel use.

Recent appearances

Notable quotes

“It's old news that fossil fuel is cheaper than renewable energy. It's just old news. Whenever you hear it, you just think you poorly read business person or politician, you just you're just not keeping up with technology. Technology's now moved so you've got energy storage, which is days instead of hours. That's happened in a year. By this time next year, you'll have weeks instead of days. That means that you can har”

“If you happen to be successful in business, that's not success. That's a monetary success. It's if you like, it's the partial economy. The real economy, the main economy is nature. If you're destroying that to make a monetary economy, just small part of the value planet Earth, successful with the rest of it, unsuccessful, you're actually a failed business person. And as Alex says, the system is stacked. Like, you go ”

“I still feel the world's making a huge mistake subsidizing fossil fuel if it's not going to subsidize renewable energy. I'd say take the subsidies off all energy and let us all compete and you'll find renewable energy will compete. And that is removing the biggest threat which organic life including by the way humanity has in front of it. And climate change is no joke. I mean, you don't feel it in Norway, but in the ”

“The study of marine ecology taught me the four major threats are plastic pollution, over fishing, and climate change. And I was able to do papers in my thesis on the first two. But climate change was such a huge area I was allowed to study it but if I tried to publish on it then they said it's going to delay your PhD by up to two years. But the most impactful part of that PhD was learning the massive impact which glo”

“I'd just say to everyone who defends the gas industry, and there's plenty out there say, you know, I happen to be pretty well versed on sovereign risk, right? I've built companies on sovereign risk. So uh I don't want to cop any lectures from politicians who've who haven't been out there in the real world of global uh you know rugby scrum politics and business to not know about sovereign risk. But I can say this, no ”

“We started drought proofing ourselves, you know, eight years ago to say, look, let's not actually we first had a first crack at it and failed in 2013. Um, so that's a lot longer than eight years, but about eight years ago, we started getting really serious about getting rid of diesel and fossil fuel out of our own supply chains, out of our own company. Um, because it's costing a few, Bob, right? A billion dollars a y”

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