FMG 0.00% $16.12 fortescue ltd

POWER!!!! Fortescue Future Industries, page-71

  1. 3,272 Posts.
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    I'm not sure people understand how important this 90% discount on electricity is, combined with a hydrogen refuelling stations... its huge!!!

    This means we can get electricity at 2-3 cents per kwh from the local grid when Solar is shining strong.

    This means we can produce hydrogen for $1 to $1.50 /kg on site at the pump/bowser !!!

    (plus capital costs......Its currentl $17/kg in California, so big difference.)

    We could easily sell it for $5/kg, thats like filling your tank for $25, cheap as chips........

    Good to hear Twiggy talking about China wanting to buy Green iron ore! (not sure if this is green iron, or irone ore....)
 
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