Folks, I highly highly recommend you quietly sit down and have a thorough read of this report below.
Fortescue's potential link with green iron & China is crucial. Discussions are taking place within Australian and Chinese Government as well as Fortescue.
“Fortescue is already trialling its decarbonisation green hydrogen technology at its major Chichester operations, one of the largest iron ore producers in the world. Fortescue looks forward to working with Government to imminently scale up the technology and innovation embedded in our Christmas Creek Green Iron Plant, which we took a Final Investment Decision on last November.“
Fortescue believes that commercial production of green iron in Australia is now possible and must be pursued.”
https://fortescue.com/news-and-media/news/2024/05/15/australian-government-s-decade-long-commitment-to-green-hydrogen-industry-to-drive-massive-employment-boom
Report April 2024....
https://climateenergyfinance.org/wp-content/uploads/2024/04/FINAL-embargoed-to-12.01am-AEST-Tues-30-April.-POWER-SHIFT_-Staggering-rise-of-renewables-positions-China-to-end-new-coal-power-before-2030.pdf
Tony
POWER!!!! Fortescue Future Industries, page-4422
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