Fortescue Metals Group

Fortescue Future Industries And National Renewable Energy Laboratory To Develop Green Hydrogen Research Center In Colorado

2023-03-17T16:06:43+00:00

Fortescue Future Industries (FFI), a subsidiary of Fortescue Metals Group, has partnered with the National Renewable Energy Laboratory (NREL) in the US to establish a green hydrogen research center in Colorado. The collaboration will last for three years, with FFI investing $80 million over the coming ten years in research projects with NREL. The partnership aims Read More

Fortescue Future Industries And National Renewable Energy Laboratory To Develop Green Hydrogen Research Center In Colorado2023-03-17T16:06:43+00:00

Fortescue’s Iron Ore Operations In Pilbara Now Backed By 42MW Batteries

2023-02-20T16:49:39+00:00

Hybrid Systems Australia (HSA) has delivered Western Australia’s largest network-integrated battery energy storage system for Fortescue Metals Group’s Pilbara Energy Connect project. The system includes 42 MW of interconnected battery storage, making it one of the world’s largest network-connected BESS for a mining application. The batteries are developed alongside solar and low-emissions gas-fired generation owned and Read More

Fortescue’s Iron Ore Operations In Pilbara Now Backed By 42MW Batteries2023-02-20T16:49:39+00:00

COP26: Australian Miners Show Fresh Resolve, Jack Up Plans To Cut Emissions

2021-11-10T15:41:42+00:00

Large Australian mining and energy companies have advanced targets or increased spending to curb carbon emissions ahead of COP26, the 26th UN Climate Change Conference of the Parties being held in Glasgow. Going a step further, one company has evolved a radical plan to build a new copper-nickel mine that will be zero-carbon from day one, Read More

COP26: Australian Miners Show Fresh Resolve, Jack Up Plans To Cut Emissions2021-11-10T15:41:42+00:00

Fortescue’s Green Energy Subsidiary Achieves Decarbonization Goals

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

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 Read More

Fortescue’s Green Energy Subsidiary Achieves Decarbonization Goals2021-07-06T18:10:55+00:00

Fortescue To Channel $400 Million Into Green Energy

2021-02-22T14:32:09+00:00

Fortescue Metals Group, the world’s fourth-largest iron ore miner that is controlled by Andrew Forrest, reported Thursday a record half-yearly profit after tax of US$4.08 billion, up 66% from the prior-year period on solid iron ore prices. Fortescue hiked dividends by 93%, but also announced it will funnel 10% of annual post-tax profits into green energy Read More

Fortescue To Channel $400 Million Into Green Energy2021-02-22T14:32:09+00:00

Bloomberg – Diesel Imports Fall as Australian Miners Shift to Renewables

2020-02-04T16:52:58+00:00

Miners are shifting out of fossil-based power sources, such as diesel, in response to investors’ pressure to cut carbon emissions. Easing their path is the rapidly falling cost of renewable energy, according to Bloomberg. Fortescue, one of Australia's largest iron ore miners, is spending $450 million on a hybrid generation project comprising gas, solar power, and Read More

Bloomberg – Diesel Imports Fall as Australian Miners Shift to Renewables2020-02-04T16:52:58+00:00

Historic Project To Bring Green Power to the Red Dust of the Pilbara

2019-10-19T13:42:49+00:00

The Australian Renewable Energy Agency (ARENA) will fund $24.2 million of the cost of a Solar Gas Hybrid project to power two mines at Fortescue Metals Group’s Chichester mining hub in Pilbara, Western Australia. The path-breaking project will be the first time a mining major will run its daytime operations entirely off renewable energy. Alinta Energy Read More

Historic Project To Bring Green Power to the Red Dust of the Pilbara2019-10-19T13:42:49+00:00

Australia becoming the Global Centre for Renewables for Mines

2019-02-12T09:42:19+00:00

As recent project announcements show, the number of Australian mining operators seriously assessing and investing in renewables is growing rapidly. Driven by favourable economics and additional benefits including carbon reductions and social license, major and mid-tier Australian mines are adopting renewables. South32 recently announced its 3MW solar farm for its Cannington mine in Queensland for which Read More

Australia becoming the Global Centre for Renewables for Mines2019-02-12T09:42:19+00:00