FMG 2.25% $20.47 fortescue ltd

POWER!!!! Fortescue Future Industries, page-2677

  1. 11,360 Posts.
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    With regards to the three-megawatt fast charger....

    What we now know is that the three-megawatt charger is developed by WAE.This is the first prototype.The company have stated that it's going to become much bigger than a three-megawatt charger.It will need to be bigger to get the charging rates that they require.FMG are developing it with a third party. Who that is we don't know. What we do know however is that a significant proportion of the IP will be FMG's. What we also know is that the Christmas Creek mine will be powered by renewable energy. See here https://arena.gov.au/projects/alinta-fortescue-solar-gas-hybrid-project/

    Tony
 
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