Fortescue and Liebherr to supply zero emissions trucks

Mining equipment manufacturer Liebherr will supply ‘green’ mine haul trucks to Fortescue Metals Group and other buyers that incorporate Fortescue group’s proprietary zero-emission power systems. The two companies announced a partnership to develop and supply trucks utilising technologies being developed by UK group Williams Advanced Engineering (WAE), which was recently bought by Fortescue Future Industries…

Forrest upgrades Fortescue Future Industries, appoints new CEO

Andrew Forrest’s Fortescue Metals Group has announced a reorganisation which upgrades its Fortescue Future Industries offshoot within the group, at the same time announcing the appointment of senior global executives and a new executive who will become FFI’s future CEO. The company said the reorganisation would transition the company to a truly global company. In…

Fortescue plans zero emission Infinity Train

Fortescue Future Industries and its newly acquired, UK-based arm Williams Advanced Engineering (WAE) today announced the development of a world first, zero emission Infinity Train. The regenerating battery electric iron ore train project will use gravitational energy to fully recharge its battery electric systems without any additional charging requirements for the return trip to reload.…

Fortescue invests 10% of profits into green hydrogen sector

Andrew Forrest’s Fortescue metals group has confirmed it will continue to invest ten per cent of net profits after tax into developing its green hydrogen offshoot, Fortescue Future Industries. Announcing the group’s results for the half year to December, the company said FFI’s FY22 anticipated expenditure was in the range of US$400 – US$600 million.…

Fortescue pounces on Sparc ultra-green hydrogen

Fortescue Future Industries has pounced on an Australian technology that produces green hydrogen through the use of a thermo-photocatalyst and solar radiation, avoiding more traditional and costly electrolysis. FFI today announced it had bought a stake in South Australian company Sparc Hydrogen, an offshoot of graphene technology company Sparc Technologies that is developing next-generation green…

Fortescue to acquire Williams Advanced Engineering

Fortescue Future Industries has entered into an agreement to buy F1 racing-related Williams Advanced Engineering. FFI said today the purchase would set the pace for ground-breaking innovation in the green energy space, bringing together leading thinkers and engineers in areas such as high performance battery systems and electrification. WAE, an offshoot of the Williams F1…