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!!
Forrest, FMG team dodge deadly terrorist attack
https://www.copyright link/companies/mining/forrest-fmg-team-dodge-deadly-terrorist-attack-20200913-p55v4h
(20min delay)