FMG 0.87% $21.71 fortescue ltd

POWER!!!! Fortescue Future Industries, page-3741

  1. 10,826 Posts.
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    Hey Wes,

    Re Nabrawind, I'm not sure if you're aware but Fortescue's first minority investment in the company took place last year APRIL 18, 2023. See below.

    https://www.nabrawind.com/nabrawind-secures-its-growth-plan-with-support-from-fortescue-future-industries/

    Fast forward one year an Fortescue have just upped their stake in the company.

    https://fortescue.com/news-and-media/news/2024/06/11/fortescue-announces-further-investment-into-nabrawind

    This news piece below really interests me. Last year Nabrawind announced a joint venture with China’s Golden Ocean. You'll understand why once you read the piece below. They already have the R&D and prototyping out the way for their portfolio, now it's a matter of scaling up production. Gooogle Nabrawind and Africa.

    https://www.nabrawind.com/nabrawind-and-golden-ocean-partner-to-install-190-m-tall-nabralift-tower-in-china/

    This is a very strategic partnership.

    Re Holmanaset, it's not about our timelines mate, it's what's been highlighted on company website

    As for my timelines, they are:

    1. Very short term is 0-2 years. (This is the timeframe I have for Fortescue Zero's products and solutions hitting market).
    2. Short term is 2-5 years.
    3. Mid term is 5-10 years.
    4. Long term is 10 years and beyond.

    Cheers,
    Tony

 
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