Australian mining billionaire to invest $2.2 billion in renewable energy project

MELBOURNE : Australian iron ore magnate Andrew Forrest, who's been betting big on a global green revolution, said on Sunday he was investing A$3 billion in renewable energy in central Queensland.

"We are investing in Clarke Creek not only to harness the renewable power of the wind and sun to energise our homes, our factories and our cities, but as a critical step towards breaking our reliance on fossil fuels," Forrest said in a statement.

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