FMG 0.91% $19.55 fortescue ltd

Iron ore price, page-32721

  1. 3,400 Posts.
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    I wouldn't use the word donate. Its a subsidiary just like FMG Iron Bridge Ltd.
    Each project will be used to generate real revenue, and should return better income than mining. No money will be spend on FFI projects until a business case is completed, just like any mining project.

    Borrowing for green projects is CHEAP!
    https://www.wsj.com/articles/why-going-green-saves-bond-borrowers-money-11608201002
    And the borrowings will be NON-RECOURSE, so if one project goes belly up, we only lose the small investment, and doesnt affect the main company.
 
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