I was thinking more companies like Dell & Cisco, who see opportunities then buy and grow through sheer force
Right now hydrogen is still in its infancy, fortescue will acquire market leaders to produce the cheapest electrolysers, solar technology to drive down costs & thus make it commercially viable to use.
WAE may not remain a market leader, but if they can sell technology to enable trains, haul trucks, semi-trailers & busses to use batteries and fuel cells, Fortescue will then have a market to sell Hydrogen.
Hydrogen has the ability to replace nearly all oil, that's 36 billion barrels per year, last year the oil industry profit was $4 trillion.....if we captured 0.1% of that I would be happy.
Buy for Iron ore, hold for the future.....
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