FMG 1.67% $21.95 fortescue ltd

Iron ore price, page-52938

  1. 3,337 Posts.
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    Petrol gets to high people go EV.
    Don't think green hydrogen cars will ever take off. Have to feed them as well.
    The next big evolution in EV car sales will be solid state battery cars with a far longer range
    of 1200KM's or far longer and far faster charging times.

    Then you will start seeing solid state batteries for the house that are far cheaper than current
    ones are and then game set match.

    They building solar battery planes for the future now which are far faster than current planes.
    Some have gone green hydrogen planes but I do think longer term it will be battery planes with far longer ranges
    than current planes.

    We are at the early states. They calling it the 5th industrial revolution so get your kids growing up
    into this new era as that will be the employment of the future along with AI.

    FMG will make money from its FFI and green iron/steel projects and they also doing electric large iron ore trucks that
    can fast charge. Saves the company tens of million in fuel costs. Other mining companies will think we ought to follow
    suit to make even more money.

    Technology advances.



 
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