FMG 0.06% $16.12 fortescue ltd

Currency falling now which is the only good news today and maybe...

  1. 3,836 Posts.
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    Currency falling now which is the only good news today and maybe dropping the
    green hydrogen will save FMG more money that can go into future dividends.

    $0.65092514US

    A good article on the abc page today about why green hydrogen simply to expensive
    and can't compete with fossil fuels.

    Its only use now is to make green iron or green steel.
    https://www.abc.net.au/news/2024-07-21/green-hydrogen-forrest-fortescue/104120492

    Glad FMG finally saw the light and has backed off from green hydrogen as an energy source.

 
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