General GNX News, page-2218

From the article:

"Fortescue’s dilemma centres largely around the cost of electricity, which – largely because it remains the most coal dependent grid in the country – remains higher in Queensland than any other state. The solar deal with Genex is not sufficient to supply all of Gibson Island’s needs and Fortescue needs to be able to lock in more cheap green power, and/or seek assistance from state and federal governments"


^ Perhaps Fortescue could invest in Kidston Wind and lock away an offtake agreement for that too.