Its obvious now FMG's long term strategy is to expand beyond...

  1. 4,570 Posts.
    lightbulb Created with Sketch. 1246
    Its obvious now FMG's long term strategy is to expand beyond Iron Ore, so we need a new thread!

    Twiggy has signed a few deals now for Hydro-power, Hydrogen is in the works
    Interestingly we have a subsidiary called Fortescue Future Industries running the show.
    • Pilbabra Generation Project = Solar & Gas generation, expanding to Hydrogen
    • Papua New Guinea = Signed Agreement for Hydro-power
    • Afghanistan = Signed Agreement for Hydro-power & Geo-Thermal (and minerals)
    • Pakistan = Hydro-power talks underway
    • CSIRO = Partnership to develop Hydrogen
    The energy market in Australia alone is worth $10s Billions, globally $$$$$$$$$$$$$$$

    Looks great if Twiggy can keep his head down!! eek.png

    Forrest, FMG team dodge deadly terrorist attack


    https://www.copyright link/companies/mining/forrest-fmg-team-dodge-deadly-terrorist-attack-20200913-p55v4h
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$15.73
Change
0.070(0.45%)
Mkt cap ! $48.43B
Open High Low Value Volume
$15.65 $15.77 $15.36 $101.0M 6.426M

Buyers (Bids)

No. Vol. Price($)
1 5 $15.71
 

Sellers (Offers)

Price($) Vol. No.
$15.74 15541 5
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.