FMG 0.12% $20.12 fortescue ltd

Ann: Iron Bridge Magnetite Project Update, page-9

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  1. 38,026 Posts.
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    I read in a link from TonyIndo earlier today that IronBridge may be FMG’s best chance at being able to produce an higher grade ore suitable for production to green steel using hydrogen.

    Australia used to produce steel … it’d be great to see green steel being produced in Australia as feed for Chinese and Japanese steel mills.

    In the same article, Japan is mulling green steel production in Australia or South America … with Vale have the highest quality iron ore for green steel production but Australia having the potential for green energy … it’s up to an Australian company to come up with the right iron ore blend.

    Maybe FMG with IronBridge and gre3n hydrogen initiatives is well paced?

    Fingers crossed.

    Diversified revenue by any means has to be the goal.

    Dex

    Last edited by poyndexter: 28/03/23
 
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