Squadron Resources was formed as an initiative to develop the next generation of world-class natural resources projects across Australia. Squadron has a long-term counter-cyclical strategy, investing in or acquiring undervalued and undeveloped projects that may be considered unviable in the current depressed commodity-market environment.

Squadron Resources will look to partner with junior resources companies, providing new support, innovation and leadership with the aim to unlock value and a path to development for their projects.

This long-term view coupled with a “hands-on” approach to management of its investments forms the basis to pioneer new mining businesses in Australia.

The Team

Andrew Forrest


Andrew has founded many organisations and is currently Chairman of the Minderoo Foundation (2001) and the Fortescue Metals Group (FMG) (2003), he also co-chairs the Australia – China Senior Business Leaders Forum (SBLF) (2012) and Australia Sino Hundred Year Agricultural and Food Safety Partnership (ASA100) (2014).

In 2011, Andrew stepped down as CEO of FMG to focus on philanthropy and in 2013 he was awarded the West Australian Businessman of the Year award. He also received an honorary Doctor of Letters degree from the University of Western Australia for his contribution to the community.

In 2014 the Australian Prime Minister appointed Andrew to Chair a Review into Indigenous Employment and Training and he also sits on the Board of the Art Gallery of WA Foundation.

A recent achievement was the facilitation of producing a Global Religious Proclamation against Slavery on 2 December 2014, and he is now a member of the Global Citizenship Commission which is reviewing the Declaration of Human Rights.

Felicty Gooding


Ms Gooding is the Chief Financial Officer of Minderoo, encompassing the philanthropic and private business holdings of Andrew and Nicola Forrest.

Ms Gooding is a Chartered Accountant with over fifteen years’ experience specialising in due diligence, mergers and acquisitions and equity and debt financing across various sectors in Washington DC, Singapore and London. Ms Gooding has held senior positions at PricewaterhouseCoopers, Diageo Plc and Fortescue Metals Group Ltd where she was instrumental in the raising of over $5bn expansion financing. Prior to joining Minderoo, Ms Gooding was an executive at potash development company Sirius Minerals Plc.