Ann: Management and Organisational Update, page-136

I was looking into Norwegian Hydrogen further with the aid of Copilot!, and it took me back to 1900's (possibly incorrectly as it focused on hydro rather than hydrogen!!? Anyhow I found it interesting on a macro perspective. What it showed me is the image of clean Norway has had it's past (and probably still does but I don't want to go off onto a wide tangent), in Hydro (energy, heavy water re the war and the bomb, massive aluminum producers, mining of all sorts of minerals but definitely to support their Aluminum, but also leveraging Shipping routes and energy (Hydro, Oil, Wind.... Less now oil!)
Now if FMG with A$13.5M own 12.5% of Norwegian Hydrogen, the above historic ventures must be incorporated in other companies! I mean their wealth is vast in their businesses, and their government of super funds have large stakes in their companies. But to your point Tony, it is a web of investment and collaboration, and the Norwegians have been very successful and adaptive over time. I am happy for FMG to take a shareholding and collaborate with Norwegian Hydrogen and their networks. FMG through their hydrogen investments are also gaining influential access to many of the worlds shipping routes.
I'll try to narrow the focus in future, but the expanse of the web and players is mind boggling to me.
Cheers