Fortescue’s Green Energy Subsidiary Achieves Decarbonization Goals

Fortescue’s Green Energy Subsidiary Achieves Decarbonization Goals

Fortescue Future Industries, a Fortescue Metals Group subsidiary focused on green electricity, green hydrogen, and green ammonia technologies, announced today (July 6, 2021) its achievement of June 30 targets for decarbonization projects.

The company said it successfully produced high purity (>97%) green iron at low temperatures in a continuous flow process using Fortescue ores. Furthermore, it had conducted successful initial trials using the waste from this green iron process in combination with other easily available materials to make green cement.

It also finalized the design of an ore-carrying ship running on renewable green ammonia.

Other projects that met the June 30 milestone included the successful design and construction of a hydrogen-powered haul truck and a hydrogen-powered drill rig, both technology demonstration complete.

Fortescue Future CEO, Julie Shuttleworth AM said that after studying hydrogen for over a decade the company had come to the conclusion that the gas could be stored and transported as a zero-carbon fuel.

Fortescue CEO, Elizabeth Gaines said the iron ore producer was transitioning from being a major fossil fuel importer to a significant green and renewable energy and product exporter.

“As part of this plan, we are aiming to meet or beat our internal global industry-leading target to achieve carbon neutrality by 2030,” Ms. Gaines said.

Source: ArgusMedia

Image of hydrogen-powered coach for the Christmas Creek iron ore mine: Fortescue Media Gallery



2021-07-06T18:10:55+00:00