Fortescue buys energy and industry company, forms FFI Ionix
Fortescue Future Industries (FFI) has acquired the commercial assets of green hydrogen technology companies Xergy Inc and Xergy One Ltd to form FFI Ionix Inc. Based in the United States, FFI Ionix will commercialise hydrogen production technologies, including ion exchange membranes for water electrolysis, electrochemical compression, water transmission and fuel cells. FFI Chief Executive Officer,…