Mining and green technology manufacturer Fortescue has officially opened its electrolyser manufacturing facility in Gladstone, Queensland – one of the first globally to house an automated assembly line (pictured). The 15,000sqm advanced manufacturing facility, constructed in just over two years, will have capacity to produce over 2GW of Proton Exchange Membrane (PEM) electrolyser stacks annually.…
Fortescue has become the first to demonstrate the use of ammonia, in combination with diesel in the combustion process, as a marine fuel. The demonstration, in the Port of Singapore, was achieved by the Singapore-flagged ammonia-powered vessel, the Fortescue Green Pioneer (pictured). Working with the Maritime and Port Authority of Singapore (MPA), government agencies, research…
Andrew Forrest’s Fortescue Metals Group has pressed ‘go’ on three green hydrogen projects in Australia and internationally to cost a collective $1.14 billion (US$750 million) over the next three years. The company’s board announced final investment decision had been reached on two green energy projects including one planned for Gladstone, Queensland and a green metals…
Fortescue Metals Group has announced the formation of a new green energy investment accelerator platform Fortescue Capital, headquartered in New York City. The company named Robert Tichio (pictured) as Chief Executive Officer (CEO) and Managing Partner of the group, which it described as the next step in Fortescue’s commitment to deliver green energy projects and…
Fortescue continues to make progress towards its goal of being the number one green technology, energy and metals business, according to its latest quarterly report. While iron ore shipments totalled 45.9 million tonnes (Mt) in Q1 FY24, attention was on achievements in the company’s move into the green energy space. During the quarter Fortescue: Completed…
The Biden administration in the United States has announced seven regional Hydrogen Hubs to receive US$7bn of government funding including funding for Australia’s Fortescue. The company has been selected to begin award negotiations as part of the U.S. Department of Energy Office of Clean Energy Demonstrations (OCED) development of the Pacific Northwest Hydrogen Hub. The…
Fortescue has opened a new $US 23 million (about $36 million) site at Kidlington in the UK, which it says will focus on technical development, testing and prototype production of batteries and zero emission powertrains for motorsports, mining haul trucks, and other automotive applications. According to a statement from the company on Thursday (Australian time)…
By Peter Roberts Fortescue plans to make a final investment decision in December on its ambitious plans for large scale hydrogen electrolysers to be sited at Incitec Pivot’s Gibson Island plant in Brisbane. The company issued a statement that US supplier Plug Power was preferred supplier for the proposed 550 MW (megawatt) PEM (proton-exchange membrane)…
Fortescue has announced that it is a lead investor in a $US 380 million Series C funding round for US-based manufacturer Electric Hydrogen (EH2), and has committed to buy a gigawatt worth of the company’s electrolysers. EH2 was founded in late-2020 and according to its website will ship its first 100 megawatt unit next year.…
Fortescue Future Industries, the clean energy division of Fortescue Metals Group, has announced that it has spent $US 24 million ($35 million) acquiring a 100 per cent stake in Phoenix Hydrogen Hub. PHH is developing a green hydrogen project in Buckeye, Arizona, near Phoenix. Phase one of the facility is planned to include 12,000 tonne-per-annum…
