Fortescue Energy's MOU's and FID's

Hi@Omzie

I thought it might be better to start a new thread on this topic.

These are only MOU's and projects that are close to FID or have reached FID status. Does not include acquisitions or investments.

FortescueFuture Industries

1. Fortescue FutureIndustries announces study into green ammonia plant Tasmania, Australia, 17NOVEMBER 2020.

https://fortescue.com/news-and-media/news/2022/07/01/fortescue-announces-development-study-into-green-ammonia-plant-in-tasmania-2020-11-17

Latest update: Refer to my post below.

https://hotcopper.com.au/threads/power-fortescue-future-industries.5622050/page-3118?post_id=71954960

2. Fortescue FutureIndustries sign Memorandum of Understanding with Kawasaki Heavy Industries andIwatani Corporation, 14 DECEMBER 2020.

https://fortescue.com/news-and-media/news/2022/07/01/global-liquid-hydrogen-consortium-established-to-develop-supply-chain-between-australia-and-japan-2020-12-14

Latest update:

No update on this front.

3. Fortescue FutureIndustries sign Memorandum of Understanding with Brazil, Port of Açu, 10 MARCH2021.

https://fortescue.com/news-and-media/news/2022/07/01/fortescue-future-industries-and-port-of-a%C3%A7u-join-forces-to-develop-green-hydrogen-plant-in-brazil-2021-03-16

Latest update:

No update on this front.

4. Fortescue and ATCOAustralia (ATCO) sign hydrogen agreement, 6 APRIL 2020.

https://fortescue.com/news-and-media/news/2022/07/01/fortescue-and-atco-power-on-with-hydrogen-agreement-2020-04-06

Latest update:

In partnership with Fortescue, Atco have constructed Western Australia’s first Hydrogen Refuelling Station (HRS) that will be used regularly by a fleet of 16 hydrogen fuel cell vehicles. Refer to page 15 below.

https://www.atco.com/content/dam/web/about-us/investors/atco-2022-ye-business-profile.pdf

Detailed information on the project found here below.

https://www.wa.gov.au/system/files/2023-12/atco-australia-hydrogen-refueller-capital-works-public-commissioning-knowledge-sharing-report.pdf

5. Fortescue signsMemorandum of Understanding with Hyundai Motor Company (Hyundai) and theCommonwealth Scientific and Industrial Research Organisation (CSIRO), Aug 20,2020.

https://fortescue.com/news-and-media/news/2022/07/01/fortescue-joins-forces-with-hyundai-and-csiro-to-fast-track-development-of-hydrogen-technology-2020-08-20

Latest update:

https://www.ammoniaenergy.org/articles/csiro-new-progress-in-ammonia-energy/

6. Fortescue FutureIndustries and Port of Açu sign a Memorandum of Understanding (MOU) to developgreen hydrogen plant in Rio de Janeiro Brazil, March 16, 2021.

https://fortescue.com/news-and-media/news/2022/07/01/fortescue-future-industries-and-port-of-a%C3%A7u-join-forces-to-develop-green-hydrogen-plant-in-brazil-2021-03-16

Latest updates:

https://www.bnamericas.com/en/features/brazil-expected-to-see-bright-green-hydrogen-future

and

https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/metals/062223-brazil-well-positioned-as-green-hydrogen-exporter-to-eu-steel-speakers

and

https://community.ionanalytics.com/regulations-required-for-brazil-to-realize-green-hydrogen-potential

7. Fortescue FutureIndustries investigating green ammonia supply chain between Australia and Japan- FFI, IHI Engineering Australia Pty Ltd (IEA) and IHI Corporation (IHI) sign aMemorandum of Understanding (MOU), May 20, 2021.

https://www.australianmanufacturing.com.au/fortescue-subsidiary-to-investigate-green-ammonia-supply-chain-between-australia-and-japan/

Latest update:

Awaiting news on Bell Bay, Tasmania project.

8. Fortescue MetalsGroup sign a Memorandum of Understanding with Kawasaki Heavy Industries andIwatani Corporation, Dec 14, 2020 - Global liquid hydrogen consortiumestablished to develop supply chain between Australia and Japan.

https://fortescue.com/news-and-media/news/2022/07/01/global-liquid-hydrogen-consortium-established-to-develop-supply-chain-between-australia-and-japan-2020-12-14

Latest update:

No update on this front.

9. Fortescue FutureIndustries (FFI) entered into a framework agreement with JSW Future EnergyLimited, July 29, 2021.

https://bioenergyinternational.com/fortescue-future-industries-to-explore-potential-green-hydrogen-projects-in-india/

Latest update:

No update on this front.

10. Fortescue FutureIndustries signs agreement with JCB and Ryze Hydrogen, 31 OCTOBER 2021.

https://fortescue.com/news-and-media/news/2022/07/01/fortescue-future-industries-signs-agreement-with-jcb-and-ryze-hydrogen-to-become-united-kingdom's-largest-supplier-of-green-renewable-hydrogen-2021-11-01

Latest update:

No update on this front.

11. Fortescue FutureIndustries partners with the Kingdom of Jordan, Framework Agreement signed byboth parties, 3 NOVEMBER 2021.

https://fortescue.com/news-and-media/news/2022/07/01/fortescue-future-industries-partners-with-the-kingdom-of-jordan-on-green-hydrogen-2021-11-04#:~:text=Fortescue%20Future%20Industries%20partners%20with%20the%20Kingdom%20of%20Jordan%20on%20green%20hydrogen,-Home&text=Fortescue%20Future%20Industries%20(FFI)%20and,and%20solar%20energy%20production%20facilities.

Latest update:

No update on this front.

12. Fortescue FutureIndustries Ltd, and the State of Papua New Guinea sign a Master DevelopmentAgreement (MDA) on 5 NOVEMBER 2021.

https://fortescue.com/news-and-media/news/2022/07/01/fortescue-future-industries-to-develop-portfolio-of-major-green-energy-and-hydrogen-projects-in-papua-new-guinea-2021-11-08#:~:text=Fortescue%20Future%20Industries%20(FFI)%20is,energy%20and%20green%20hydrogen%20projects.

Latest updates:

2 DECEMBER 2021

https://fortescue.com/news-and-media/news/2023/07/24/fortescue-future-industries-ceo-to-visit-local-communities-in-wabo-and-west-new-britain

February 2, 2024

https://www.power-technology.com/data-insights/power-plant-profile-purari-papua-new-guinea/?cf-view

13. Fortescue FutureIndustries sign Memorandum of Understanding (MOU) with Universal Hydrogen, Nov10, 2021.

https://hydrogen.aero/press-releases/ffi-and-universal-hydrogen-join-forces-to-decarbonise-aviation/

Latest update:

No update on this front.

14. Fortescue FutureIndustries (FFI) and the North Kalimantan Provincial Government of the Republicof Indonesia sign a Cooperation Agreement on Dec 9, 2021.

https://fortescue.com/news-and-media/news/2022/07/01/fortescue-future-industries-signs-cooperation-agreement-to-explore-potential-development-of-green-hydrogen-projects-in-north-kalimantan-2021-12-09#:~:text=green%20hydrogen%20projects.-,This%20Agreement%20is%20a%20step%20towards%20fulfilling%20the%20Memorandum%20of,domestic%20use%20and%20export%20markets.

Latest update:

https://asia.nikkei.com/Economy/Indonesia-s-newest-province-chases-132bn-industrial-dream

15. Fortescue FutureIndustries (FFI) and RNZ sign a Memorandum of Understanding and agree toinvestigate repurposing facilities at the RNZ Marsden Point oil refinery on 16DECEMBER 2021.

https://fortescue.com/news-and-media/news/2022/07/01/fortescue-future-industries-to-investigate-repurposing-parts-of-new-zealand-oil-refinery-2021-12-16

Latest update: progressing to the pre-feasibility stage - Aug 23, 2023

https://channelnz.com/wp-content/uploads/2023/08/CHI-HY23-NZX-Results-Commentary.pdf

Some very good information also here.

https://channelnz.com/wp-content/uploads/2023/10/2023-Analyst-Day-Presentation-deck_v09-2.pdf

16. Fortescue FutureIndustries and Covestro sign a Memorandum of Understanding (MoU) and announcedplans to enter a long-term green hydrogen supply agreement on Jan 17, 2022.

https://www.covestro.com/press/fortescue-future-industries-and-covestro-announce-plans-to-enter-a-long-term-green-hydrogen-supply-agreement/

Latest update: Covestro Annual Report March 02, 2023.

https://report.covestro.com/annual-report-2022

17. Fortescue FutureIndustries and Airbus sign a Memorandum of Understanding (MoU) on 8 MARCH 2022.

https://fortescue.com/news-and-media/news/2022/07/05/fortescue-future-industries-and-airbus-join-forces-to-help-decarbonise-aviation-2022-03-08

Latest update: 06 September 2023

https://www.airbus.com/en/newsroom/press-releases/2023-09-consortium-lays-pathway-for-green-hydrogen-aviation-to-take-flight

18. Fortescue FutureIndustries and E.ON Partner sign a Memorandum of Understanding (MoU) on March29, 2022.

https://www.eon.com/en/about-us/media/press-release/2022/2022-03-29-fortescue-future-industries-and-eon-partnership.html

Latest update:

No update on this front.

19. Fortescue FutureIndustries (FFI) and Firstgas Group (Firstgas) sign a non-binding Memorandum ofUnderstanding on May 02, 2022.

https://fortescue.com/news-and-media/news/2022/07/05/fortescue-future-industries-and-firstgas-group-to-investigate-green-hydrogen-distribution-in-new-zealand-2022-05-02

Latest update:

No update on this front.

20. Fortescue FutureIndustries sign agreement and announced plan to investigate repurposing coalinfrastructure for green hydrogen production in North America, 13 MAY 2022.

https://fortescue.com/news-and-media/news/2022/07/05/global-green-energy-company-fortescue-future-industries-announces-plan-to-investigate-repurposing-coal-infrastructure-for-green-hydrogen-production-in-north-america-2022-05-16

Latest updates:

October 13, 2023

https://www.chronline.com/stories/biden-announces-up-to-1b-for-hydrogen-hub-in-pnw-lewis-county-projects-form-anchor-of-huge,327290

and

February 7, 2024

https://www.chronline.com/stories/its-time-for-us-to-thrive-panel-offers-glimpse-of-lewis-countys-possible-green-energy,334161

21. Fortescue enteredinto a power purchase agreement (PPA) with Genex Power Limited on October 09,2023.

https://cdn.fortescue.com/docs/default-source/announcements-and-reports/02722440.pdf?sfvrsn=77fed7b0_6

Latest update:

22 DEC 2023

https://cdn.fortescue.com/docs/default-source/announcements-and-reports/2662689.pdf?sfvrsn=78017001_8

22. Fortescueannounced Green Energy and Green Metals Projects approved (3 FID's) on 21 NOV2023.

https://cdn.fortescue.com/docs/default-source/announcements-and-reports/2644422.pdf?sfvrsn=a008e01c_14

Latest update:

No update on this front.

Apologies if I have missed something.

Hope this helps.

Tony