Has FMG made a blunder by developing green hydrogen ?
Countries are going solar and wind with large batteries to power their cities so green hydrogen where is
it really going.
Cars are all going EV now and hydrogen to late to this party.
Green steel might be a good winner for FMG but not so sure now on the green hydrogen
as I can't see it replacing gas due to the fact that hydrogen doesn't flow like gas does in pipes.
Why would governments build hydrogen plants when solar and wind or even wave power does it all far cheaper
and no need to keep buying fuel with solar, wind or wave energy.
Other mining companies using the latest battery technology for their huge mining trucks.
African mines come on line in 2025 to sell 100 million tonnes of iron ore to China so IO prices
will start to fall by then.
The likely dividend this year might only be $1
Has FMG made a blunder by developing green hydrogen ?Countries...
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$26.61 |
Change
0.580(2.23%) |
Mkt cap ! $81.93B | |||
| Open | High | Low | Value | Volume |
| $26.32 | $26.61 | $26.10 | $130.7M | 4.939M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9149 | $26.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.61 | 103276 | 6 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$26.55 |
Change
0.580 ( 2.17 %) |
||||
| Open | High | Low | Volume | ||
| $26.30 | $26.61 | $26.10 | 1169483 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| FMG (ASX) Chart |