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,…

Rio Tinto and BlueScope combine for low-carbon steelmaking

Miner Rio Tinto and steel producer BlueScope will work together to explore low-carbon steelmaking pathways using Pilbara iron ores, including the use of clean hydrogen to replace coking coal at BlueScope’s Port Kembla Steelworks. The two companies have signed a Memorandum of Understanding (MOU) to research and design low-emissions processes for the steel value chain,…