FMG 3.34% $20.12 fortescue ltd

Iron ore price, page-52943

  1. 3,410 Posts.
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    Definitely not a certain winner..... but for those live up north not so lucky to live in the beautiful Shenzhen there will be pressure to reduce pollution.

    Also i forgot FMG reckon's they can do it without hydrogen, just pure electricity....
    Should be producing pilot loads within 18 months: https://fortescue.com/what-we-do/our-projects/christmas-creek-green-iron-pilot


    Here's another company doing it: https://corporate.arcelormittal.com/media/press-releases/arcelormittal-and-john-cockerill-announce-plans-to-develop-world-s-first-industrial-scale-low-temperature-iron-electrolysis-plant#

    If it can be made without coal & cheaper, it should be!
 
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