Well there you go, as someone who believed that hydrogen may be a good alternative energy source, it looks like Twiggy's Green hydrogen dream was just too big, so if FMG is cutting back, I wonder what the smaller cap green hydrogen stocks are going to do.
Like other stuff, the issue here is it's just too costly to get up and running.
Back to fossil fuels it is, the world is not going to 100% transition to renewables by 2050, we need to keep the traditional energy sources up and running, as the energy demand will be a lot higher in 2050.
With that being said FMG has been an excellent Iron Ore business, and their high dividends has been a testimony of that.
Ann: Management and Organisational Update, page-39
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$20.10 |
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Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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