FMG 0.35% $25.66 fortescue ltd

Absolutely fascinating new hydrogen tech that could not only...

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    Absolutely fascinating new hydrogen tech that could not only give Battery storage a run for its money but displace it. It has it all, a fraction of the cost, weight and size compared to currently available battery technolgy. If this company has not come across Twiggy's radar someone needs to make sure FFI runs a ruler over them and take notice of what they do. They already have massive interest from Asia and Europe but want to prioritize running it out first in the USA.

    This is so disruptive that if successful it could make battery storage obsolete. It can be used for cars, rail, shipping, heavy industries, aviation and mass storage on solar and wind farms and then fed back into the grid over night or during windless windows. Once commercialized it will slash the cost of electric cars by using this new tech and they also mention a new company whose electrolizers are built to last 35 years that they are very impressed with.

    Very excited for the future and very happy that FMG has been a first mover into this space that is so disruptive and the technological advances in this space are happening at such a rapid clip. Lets hope FFI picks the right companies to move into this space as its evolving at such a rapid pace.
    If successful it could destroy the value of any resource stock whose chemical elements graphite, cobalt, lithium, manganese and nickel are used in battery production.

    The interesting stuff starts at the 3.28 mark.



    Last edited by SmugLex: 04/01/22
 
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