FMG (ASX) Hydrogen FMG and Industry watch!

Originally posted by eyeswideopen: ↑

“Thirty-five million tonnes of hydrogen has the energy equivalent of 84 million tonnes of liquefied natural gas (LNG), which is more than Australia’s LNG exports,” Finkel said.""

Coal’s role in Labor’s hydrogen plan

January 23, 2019 News Vanessa Zhou

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The Minerals Council of Australia (MCA) stands behind the Labor Party’s $1.1 billion national strategy to develop the country’s hydrogen sector, noting that “Australia is already leading the way”.
MCA chief executive Tania Constable considered Australia well-placed to become a global producer of hydrogen in the future, thanks to the country’s significant coal resources.
One of the world’s largest hydrogen projects was under way in Victoria’s Latrobe Valley, Constable said.
It has attracted $500 million in investment including from a consortium of leading Japanese companies and the Victorian, Australian and Japanese governments.
“This major project in Victoria will use Latrobe Valley brown coal and carbon capture and return technology, and has the potential to make Victoria and Australia a leading global producer of hydrogen,” Constable said.
The Labor Party launched its national hydrogen plan yesterday. Three projects will be carried out this year by the hydrogen working group, which was established by the Council of Australian Governments (COAG) Energy Council.
The group will coordinate an international outreach to enhance Australia’s profile with major trading partners as a potential supplier; commence work to allow up to 10 per cent hydrogen in the domestic gas network; and scope potential for building hydrogen refuelling stations in every state and territory.
Global demand for hydrogen for energy was likely to reach more than 8 million tonnes by 2030 and about 35 million tonnes by 2040, according to Australian Government’s chief scientist Alan Finkel.
“Thirty-five million tonnes of hydrogen has the energy equivalent of 84 million tonnes of liquefied natural gas (LNG), which is more than Australia’s LNG exports,” Finkel said.
“Japan, South Korea and China are likely to be key markets. Capitalising on this growing demand for hydrogen could result in an export industry worth $1.7 billion and which provides 2800 jobs by 2030.”
He said most of the jobs created by this new industry were likely to be in regional areas, at sites of hydrogen production, storage and loading for export.
The Commonwealth, state and territory energy and resources ministers voiced their strong support for the development of Australia’s hydrogen industry.
“Our vision is to make Australia a major player in a global hydrogen industry by 2030,” the ministers said in a joint statement.
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The difference is that a tonne of hydrogen can't be compressed into the same volume as a tonne of LNG using a similar amount of energy.

There is only so much space (volume) on a ship.

Originally posted by eyeswideopen: ↑

And the ammonia isn't burnt!

Twiggy Forrest just lobbed $20m at this ‘once-in-a-generation’ tech opportunity
Mining
November 23, 2018 | Angela East

Mining magnate Andrew Forrest is sinking $20m into helping develop new hydrogen tech.
Mr Forrest’s iron ore miner Fortescue Metals Group (ASX:FMG) is working with the CSIRO on the agency’s metal membrane technology and other technologies.
The membrane separates ultra-high purity hydrogen from ammonia, while blocking all other gases.
The technology will pave the way for bulk hydrogen to be transported in the form of ammonia, using existing infrastructure, and then reconverted back to hydrogen at the point of use.
CSIRO chief Larry Marshall said the agency was seeing a “market pull” from companies like Fortescue to reinvent themselves through “deep science-driven innovation” and follow the global market shift towards a low-emissions energy future.
In August the CSIRO demonstrated it could refuel two fuel-cell vehicles and released what is essentially a “blueprint” for the development of the hydrogen industry.
This new partnership includes commercialisation arrangements for the membrane technology, with a subsequent five-year investment in hydrogen research and development.

“We are at the beginning of an energy revolution and Fortescue intends to be at the forefront of this once-in-a-generation opportunity,” Mr Forrest said.
The global hydrogen market right now is worth $US130 billion ($179.2 billion) and is forecast to grow to $US2.5 trillion by 2050, according to Morgan Stanley.
Hydrogen is being touted as a potentially popular solution to the issue of distance – “range anxiety” – with electric vehicles.
The problem right now for many potential buyers of electric vehicles (EVs) is how far can they go before the battery needs charging?
But by incorporating hydrogen fuel cells into EVs, drivers can just pop into their local servo for a top-up.
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Doug Spencer-Roy, corporate affairs and marketing manager for Melbourne’s EastLink motorway, told * recently that car makers like Toyota are now starting to talk up the hydrogen fuel cell.
The Toyota Mirai is powered by ultra-high purity hydrogen, produced in Queensland using the national science agency’s membrane technology.
Toyota also revealed in early November that it was partnering with Hobson’s Bay City Council in Melbourne’s inner west to trial hydrogen-electric vehicles for 12 weeks.

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That's a fair point but it also won't be energy free to separate the hydrogen and nitrogen at the en use