In short. Hydrogen and FMG are probably at best curtailed. The economics of Green Hydrogen simply don't add up.
This has also been proven with FMG pulling back on the venture and cutting jobs.
Doesn't look good long term for FMG and their green plan. But lets wait and see what next opportunity presents itself.
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- Has Andrew Forrest's green hydrogen dream evaporated?
FMG
fortescue ltd
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$16.90

Has Andrew Forrest's green hydrogen dream evaporated?, page-7
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Last
$16.90 |
Change
-0.080(0.47%) |
Mkt cap ! $52.03B |
Open | High | Low | Value | Volume |
$16.98 | $17.03 | $16.75 | $96.61M | 5.713M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 79 | $16.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.92 | 831 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 79 | 16.900 |
3 | 3606 | 16.880 |
2 | 3412 | 16.860 |
4 | 1569 | 16.850 |
2 | 670 | 16.840 |
Price($) | Vol. | No. |
---|---|---|
16.930 | 25139 | 1 |
16.940 | 2686 | 4 |
16.960 | 2845 | 1 |
16.970 | 190 | 1 |
16.980 | 500 | 1 |
Last trade - 16.11pm 14/07/2025 (20 minute delay) ? |
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FMG (ASX) Chart |