FMG 0.18% $21.63 fortescue ltd

Ann: September Quarterly Production Report, page-28

  1. 285 Posts.
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    I'm thinking if investing in FMG. If I invest its because I like the companies direction in relation to hydrogen. I have done some research but still have a few questions if someone can help out a little. It is my understanding that Fortescue Future Industries which is a subsidiary of FMG are the arm looking into Hydrogen Projects. Am I correct here? So my understanding is that if Future industries was to become big in the Green Hydrogen area beyond FMG as a user then any profits would flow back to FMG? I guess what I'm asking do investors see the Green Hydrogen aspect becoming a business separate to commodities and if so will holders in FMG get any or all profits from that arm of the business. Do people see FMG selling green Hydrogen to others beyond there own needs? Do others see FMG looking into investing further into developing say Hydrogen Vehicles such as buses etc? or at least investing in companies that are looking into this?

    Thanks everyone and sorry if I'm a bit behind in relation to the above.
 
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