POWER!!!! Fortescue Future Industries, page-3206

Hi Gordy,

Absolutely, Fortescue's focus is on becoming the number 1 integrated green technology, energy and metals company in the world. To achieve this they're developing and acquiring the assets, technologies the world needs to step beyond fossil fuels.But I don't think they're going to leave any stone unturned, they're going to need many of these commodities at some point. They're looking at copper plays, lithium plays, high performance batteries, battery sourcing and becoming a battery manufacturer to build batteries etc...ie to cover that whole value chain. Just as was mentioned on page 8 of the Investor Transcript Call below, there's no shortage of lithium, there are projects popping up all over the world. Exploration is their forte, but if they need to acquire assets they will.

Reference:

https://cdn.fortescue.com/docs/default-source/announcements-and-reports/invest-1cb5225e5-7e4e-46b4-9717-757025eeef3c.pdf?sfvrsn=eadcaf82_10

Tony