Another lovely piece in the puzzle!!!!
- FMG/FFI aquire 20% of SPN - Sparc tecnologies for $1.8m plus options for 36%
- binding agreement
- exclusive licence
- this process means that renewable energy from wind farms and/or photovoltaic solar panels and expensive electrolysers are not needed.
- Capital and operating expenditure is anticipated to be significantly lower than electrolysis and other forms of hydrogen production currently in use.
POWER!!!! Fortescue Future Industries, page-713
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