I think... He thinks or knows that they do have or will have the technology to export hydrogen in large quantities. Something that has really held back the whole industry. I heard something once about Fortescue having that patent... I'll have to look it up. Aaaaanyway every western country in the world has talked about hydrogen this year. So he probably wants bulk carbon neutral/ green power to hydrogen conversion sites and FMG will have the whole market from production to logistics and be distributing green energy to the world.
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$15.46 |
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0.530(3.55%) |
Mkt cap ! $47.60B | |||
| Open | High | Low | Value | Volume |
| $15.25 | $15.54 | $15.15 | $141.6M | 9.188M |
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