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Fortescue invests more than a billion dollars into green projects

FORTESCUE Metals Group has greenlit US$750 million worth of investments into “three of the first green hydrogen deals ever to be progressed to final investment decisions in the US and Australia”.

Nathan Richardson
FFI Hazelmere hydrogen powered haul truck.

FFI Hazelmere hydrogen powered haul truck.

The FIDs are for the US-based Phoenix hydrogen hub, the Gladstone PEM50 project in Queensland, and the Christmas Creek green iron trial commercial plant. The board has also "fast tracked" green hydrogen...

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