FMG 0.97% $26.51 fortescue ltd

Cost of production is actually very easy to work out.it takes...

  1. 2,943 Posts.
    lightbulb Created with Sketch. 908
    Cost of production is actually very easy to work out.

    it takes 55kwh per kg, that's a fact. Some improvement to come but don't bank on it.

    solar is $16/MWh, that's a fact.
    https://reneweconomy.com.au/uae-awards-contract-for-huge-1-8gw-solar-park-addition-at-record-low-prices/
    and can come down.

    so 55*$16/1000==88c per kg for production OPEX.
    add some CApex ( electroylers, bop) and you're still around the $2 mark.
    https://www.hydrogeninsight.com/electrolysers/cost-of-electrolysers-for-green-hydrogen-production-is-rising-instead-of-falling-bnef/2-1-1607220
    https://hotcopper.com.au/data/attachments/6167/6167530-4e12218af564af7c762defc052332b50.jpg

    then transport it to your country of choice and it's still cheaper than oil.

    the key is the locking in the cheapest POWER!

 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$26.51
Change
-0.260(0.97%)
Mkt cap ! $81.62B
Open High Low Value Volume
$26.85 $26.89 $26.48 $41.85M 1.573M

Buyers (Bids)

No. Vol. Price($)
2 5950 $26.50
 

Sellers (Offers)

Price($) Vol. No.
$26.52 2763 2
View Market Depth
Last trade - 16.10pm 27/05/2024 (20 minute delay) ?
Last
$26.48
  Change
-0.260 ( 1.07 %)
Open High Low Volume
$26.85 $26.90 $26.48 295094
Last updated 15.59pm 27/05/2024 ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.