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Fortescues Iron Bridge to begin production this quarter; Q2 shipments ...
Mon, 30 Jan 2023 00:00:00 GMT
Australias Fortescue Metals Group FMG.AX on Friday confirmed its Iron Bridge Magnetite project was on track to begin production at the end of the March quarter, realising a key strategy to secure better prices for its ore. Fortescue, run by billionaire and iron ore magnate Andrew Forrest, posted a 4% rise in quarterly shipments, underpinned by strength across its key Western Australia iron ore operations. The Iron Bridge project in Western Australias Pilbara region will allow Fortescue to

Plug Power scraps electrolyser plant partnership with Fortescue
Fri, 27 Jan 2023 00:07:31 GMT
Plug Power has walked away from building an electrolyser manufacturing plant in Australia with Fortescue Metals Group as the economics did not work, Plug Chief Executive Officer Andrew Marsh said on Thursday. The project, announced in October 2021, was to be a key plank in Fortescue's transition toward becoming a major green energy company through its Fortescue Future Industries arm. Fortescue announced plans with Plug Power in October 2021 to build the world's biggest factory to make electrolysers and held a sod-turning at the site in Gladstone in Australia's northeast last February aiming to produce their first electrolyser in

Tue, 24 Jan 2023 21:05:00 GMT
Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, and Fortescue Future Industries (FFI) have executed a memorandum of understanding (MOU) to collaborate on and evaluate the co-development of large-scale U.S. green hydrogen production

Fortescue Metals Group Limited (ASX:FMG) is favoured by institutional ...
Wed, 18 Jan 2023 00:33:43 GMT
A look at the shareholders of Fortescue Metals Group Limited ( ASX:FMG ) can tell us which group is most powerful.

Fortescue Metals Group Ltd. (FSUGY) Upgraded to Buy: Here's Why
Tue, 17 Jan 2023 17:00:05 GMT
Fortescue Metals Group Ltd. (FSUGY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2

Australias Fortescue Metals signs deal to develop green iron-making ...
Wed, 21 Dec 2022 00:00:00 GMT
Fortescue Metals Group FMG.AX said it had signed an agreement with Japans Mitsubishi Corp 8058.T and Austria-based steelmaker Voestalpine AG VOES.VI to develop a net-zero emissions iron-making prototype plant in Linz, Austria. The new iron-making process at the Voestalpine site will be developed by Primetals Technologies, a venture involving another Mitsubishi company, which would provide its electric smelters to help produce cleaner metal for the steel-making plant. Fortescue said on

Fortescue recognised for its commitment to building Aboriginal ...
Fri, 09 Dec 2022 00:00:00 GMT
Fortescue has been recognised for its commitment to providing long term, sustainable business development opportunities for Aboriginal businesses at the 2022 AMEC

Fortescue's Green Unit on Investment Prospects & Demand
Tue, 06 Dec 2022 05:28:00 GMT
Mark Hutchinson, chief executive officer of Fortescue Future Industries, the clean energy arm of Fortescue Metals Group, discusses the demand for green investments and the prospect of securing project finance. He speaks with Bloomberg's Haslinda Amin and Rishaad Salamat on Bloomberg Markets:

Fortescue and ATCO unveil Western Australia's first green hydrogen ...
Mon, 05 Dec 2022 00:00:00 GMT
Fortescue and ATCO Australia have opened Western Australias first green hydrogen refuelling station at ATCOs Clean Energy Innovation Hub in the Perth metropolitan

Are Robust Financials Driving The Recent Rally In Fortescue Metals ...
Fri, 18 Nov 2022 23:40:49 GMT
Fortescue Metals Group's (ASX:FMG) stock is up by a considerable 21% over the past month. Since the market usually

Enel Green Power and Fortescue Future Industries team up to pursue ...
Thu, 03 Nov 2022 00:00:00 GMT
Australian renewable green energy developer Fortescue Future Industries (FFI) and Enels global renewables arm Enel Green Power S.p.A. (EGP), announced today they will partner together to explore co-development of the green hydrogen value chain with an initial focus on Latin America and

Fortescues Iron Bridge Magnetite project marks first ore into ...
Mon, 31 Oct 2022 00:00:00 GMT
Fortescues track record of delivering complex projects continues with today marking first ore feed into the processing plant at its Iron Bridge Magnetite project in the

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