Fortescue bets big on green hydrogen

Iron ore miner eyes massive push into renewables and clean gas production

Fortescue Metals Group may be only a second-tier global mining company based on revenue, but the Australia-based iron ore producer, founded in 2003 by multi-billionaire Andrew Forrest, appears to have the grandest green hydrogen ambitions of them all. The company is aiming to make its mining-related operations carbon neutral by 2030, with Fortescue Future Industries (FFI), its wholly owned renewable energy business, providing the green hydrogen, ammonia and electricity needed to do so. FFI hopes to be producing green hydrogen at commercial scale as early as 2023. “Green hydrogen is the cleanest source of energy in the world, and optimising the technology to produce green hydrogen at scale an