FMG 1.17% $17.73 fortescue ltd

Green Iron Ore has an important future in WA, page-29

  1. 11,454 Posts.
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    You wrote;

    FMG built a green hydrogen iron ore truck then realized it was to expensive to run so builtan electric iron ore truck that is far cheaper to run and could be sold elsewhere around theglobe as fuel gets to expensive.

    Incorrect.

    https://fortescue.com/news-and-media/news/2024/05/23/fortescue-s-hydrogen-powered-haul-truck-prototype-drives-on-hydrogen-for-first-time

    You wrote;

    Why AF thought it would replace petrol cars and seem to suggest he'llmake many extra billions well no it was never going that way.

    Also, can you please point me to a reference as to where AF thought this?

    Tony
 
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