FMG 3.61% $20.10 fortescue ltd

POWER!!!! Fortescue Future Industries, page-4337

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    the Christmas Creek Green Iron Pilot, located at the Green Energy Hub in the Pilbara region of Western Australia, integrates renewable energy and green hydrogen reduction technology. Here’s how it all comes together:

    1. Green Metal Production: The project aims to produce over 1,500 tonnes per annum of green metal, which is high-purity iron suitable for use in almost any steel plant globally1.

    2. Green Hydrogen: The plant utilizes green hydrogen produced at Fortescue’s gaseous and liquid hydrogen facility. This facility is the largest of its kind in Australia. Green hydrogen acts as a reducing agent during iron ore reduction, making the process environmentally friendly1.

    3. Solar-Powered Hydrogen: Fortescue’s recently commissioned green hydrogen plant can produce around 530 kilograms of hydrogen gas per day (approximately 195 tonnes annually). It’s powered partly by solar energy during the day. The plant includes a gaseous hydrogen refueling station for a fleet of 10 fuel cell electric vehicle hydrogen-powered coaches1.

    This innovative project represents a significant step toward sustainable iron production, combining green technologies and forward-thinking practices

 
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