NSW Transport Minister Jo Haylen has resigned from her position following car expense scandals, including using a taxpayer-funded driver for personal trips. She will continue to serve in her local electorate of Summer Hill after admitting to making mistakes and letting the public down. Premier Chris Minns stated he will not sack Haylen, despite criticism over the trips, but acknowledged the need for potential changes to regulations on government drivers.
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Fortescue delivers iron ore record but will book $227m impairment after scraping two green hydrogen projects
Iron ore shipments from Fortescue’s Pilbara mines reached record levels, with 55.2 million tonnes exported in the June quarter, totaling 198.4 million tonnes for the fiscal year. However, the company has scrapped its Arizona hydrogen project and PEM50 Project in Gladstone, leading to a $US150 million write-down as it seeks to repurpose the associated assets. Want More Context? 🔎
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