FMG 3.09% $24.78 fortescue ltd

POWER!!!! Fortescue Future Industries

  1. 2,952 Posts.
    lightbulb Created with Sketch. 911
    Its obvious now FMG's long term strategy is to expand beyond Iron Ore, so we need a new thread!

    Twiggy has signed a few deals now for Hydro-power, Hydrogen is in the works
    Interestingly we have a subsidiary called Fortescue Future Industries running the show.
    • Pilbabra Generation Project = Solar & Gas generation, expanding to Hydrogen
    • Papua New Guinea = Signed Agreement for Hydro-power
    • Afghanistan = Signed Agreement for Hydro-power & Geo-Thermal (and minerals)
    • Pakistan = Hydro-power talks underway
    • CSIRO = Partnership to develop Hydrogen
    The energy market in Australia alone is worth $10s Billions, globally $$$$$$$$$$$$$$$

    Looks great if Twiggy can keep his head down!! eek.png

    Forrest, FMG team dodge deadly terrorist attack


    https://www.copyright link/companies/mining/forrest-fmg-team-dodge-deadly-terrorist-attack-20200913-p55v4h
 
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