POWER!!!! Fortescue Future Industries, page-4340

Hi Raki,

Mate, I'm confused by your message. My understanding is that there are still many billions of dollars for the decarbonising transition to be spent. E.G. replacing the entire truck fleet with Europa and Roadrunner trucks, replacing our cargo shipping fleet with Green Pioneer-like huge vessels, more renewable energy facilities to provide electrons and so on and so on.....

My understanding is Twiggy's target for initial decarbonising infrastructure completion and commencement of zero carbon operations is 2030. So that would be the likely approximate timeline for the proposal you put forth.

The original infrastructure spend was limited to a 10% of revenue, however that limit has been eliminated now, therefore the infrastructure spend p.a. could be increased or lowered as required. We will be informed on 28 August of financial details and consequent dividends.

If you, or any other Power! people find any factual errors in what I've written, please let me know.

Thanks, wes