"Not all green hydrogen projects have been cancelled. While some projects, like the $750 million green hydrogen facility at Port Pirie in South Australia, have been shelved due to lack of progress, others are moving forward. For instance, the Murchison Green Hydrogen Project in Western Australia recently received $814 million in funding under the Hydrogen Headstart Program This project aims to produce green ammonia using solar and wind-powered hydrogen, showcasing Australia's commitment to renewable energy"
"Shelved"
Right-o. We all know what that management-speak actually means.
As for the Murchison project "moving forward", give me a break.
That project is a baby; only at environmental assessment stage.
FEED is only due to commence in 2026 and FID is only due in 2027.
It is two years behind all the projects which are being cancelled (sorry, "shelved") today.
So come back in 2027 and tell me that FID passed the return hurdles and that the capital commitment has been signed off before holding that project up as a go-er.
.
- Forums
- ASX - By Stock
- POWER!!!! Fortescue Future Industries
FMG
fortescue ltd
Add to My Watchlist
0.45%
!
$15.73

"Not all green hydrogen projects have been cancelled. While some...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$15.73 |
Change
0.070(0.45%) |
Mkt cap ! $48.43B |
Open | High | Low | Value | Volume |
$15.65 | $15.77 | $15.36 | $101.0M | 6.426M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5 | $15.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.74 | 15541 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5 | 15.710 |
1 | 63 | 15.700 |
1 | 1250 | 15.670 |
2 | 1076 | 15.660 |
4 | 1280 | 15.650 |
Price($) | Vol. | No. |
---|---|---|
15.750 | 8808 | 3 |
15.760 | 1002 | 1 |
15.770 | 14458 | 4 |
15.780 | 3000 | 2 |
15.790 | 2200 | 1 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |