Barnaba weathers Fortescue proxy revolt

By Rueben Hale

Thursday, 29 October 2026
NewsPeople & Workforce
Fortescue deputy chairman Mark Barnaba has faced down a proxy adviser revolt, winning 86.55% shareholder support. But questions over his independence and seven-figure pay packet persist as the iron ore giant grapples with rising costs, mounting debt and a pricing standoff with China.

The MOU supports Metallium’s plan to develop a national network of e-waste processing facilities, strategically located near major e-waste collection hubs, rapidly expanding U.S. data centre industrial parks and regional industrial corridors with strong logistics and waste generation.

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