Channel Infrastructure and Fortescue Future Industries announced their investigation into a green hydrogen manufacturing facility at Marsden Point for synthetic Sustainable Aviation Fuel (eSAF) has progressed, with Fortescue to begin a pre-feasibility phase study. According to a statement from the two companies on Wednesday, the eSAF factory could supply approximately 60 million litres a year,…
The third quarter performance of miner and green industry developer Fortescue Metals shows a continued push to develop a green industry business stream alongside its traditional Western Australian mining assets. The company reported iron ore shipments of 46.3 million tonnes (mt) in Q3 FY23, creating a record for shipments for the nine months to 31…
Group 6 Metals and Fortescue Future Industries have announced a non-binding memorandum of understanding, enabling the pair to explore using renewable energy, heat energy and hydrogen at the Dolphin Tungsten Mine on King Island, Tasmania. Group 6 is currently redeveloping the mine, which it owns 100 per cent of, and which has been closed since…
By Peter Roberts Green technology company Fortescue Future Industries has claimed a major breakthrough in the production of green iron – a step towards manufacturing green steel – making it the second of two Australian companies which make such an ambitious claim. The claim first surfaced in parent company Fortescue Metals Group’s FY23 half year…
Metals and energy industries manufacturer Fortescue has come out in full support of the recommendations of the Intergovernmental Panel on Climate Change (IPCC) report. Earlier this week the world’s climate scientists issued what is seen as a “final warning” before global warming exceeds 1.5 degrees Celsius. The IPCC said it was “unequivocal” that climate is…
Adelaide’s Sparc Technologies and Fortescue Future Industries will accelerate scoping of the commercialisation of a revolutionary green hydrogen production process that does not utilise energy-hungry electrolysis. The partners, along with Adelaide and Flinders Universities, are in a joint venture to commercialise patent-pending photocatalytic water splitting technology with the aim of producing low-cost green hydrogen on…
Fortescue Metals Group has announced it plans to invest $9.2 billion by 2030 to eliminate fossil fuel risk to its business, in the process banking $1.2 billion a year in reduced operating costs. The investment will achieve real zero terrestrial emissions – Scope 1 and 2 – across its iron ore operations by 2030 and…
When Andrew Forrest set his company on a path to become a green energy powerhouse he was met with a lot of cynicism, but 20 months after committing himself to going green in a Boyer lecture Forrest has runs on the board and still has fire in the belly. Today, the Company released its annual…
AGL Energy and Fortescue Future Industries have expanded their green hydrogen feasibility study to explore the development of a green hydrogen and ammonia production facility at AGL’s Hunter Energy Hub. Technical consultancy GHD Advisory is carrying out the feasibility study for AGL as the hub provider and Fortescue Future Industries (FFI) as the exclusive producer…
Fortescue Future Industries has announced a new partnership with the government of Djibouti, signing a framework agreement providing the company access “to study the possibilities of renewable energy resources” in the East African nation. According to a statement from FFI on Tuesday, the agreement was “a major step towards the country’s first ever production of…
