Billionaire Forrest’s green hydrogen venture FFI is a 'cash burn' and shareholders should sell up, says Credit Suisse

Swiss bank recommends ditching shares in highly profitable Fortescue Metals Group due to risks posed by opaque green H2 subsidiary Fortescue Future Industries

Australia's richest man, Andrew 'Twiggy' Forrest, speaking at the Green Hydrogen Global Assembly in Barcelona last year. — Australia's richest man, Andrew 'Twiggy' Forrest, speaking at the Green Hydrogen Global Assembly in Barcelona last year.Photo: Green Hydrogen Organisation

Rachel Parkes

Published 31 January 2023, 13:15Updated 31 January 2023, 14:05

Fortescue Future Industries Australia Green H2