Fortescue will develop offtake opportunities for green hydrogen in Canada, partnering with Vancouver-based HTEC.
The supply chain will be the first in the domestic green hydrogen realm for Canada and will generate economic activity, jobs, and training opportunities.
Under the terms of the memorandum of understanding (MoU), HTEC would offtake green hydrogen from Fortescue’s site and use it to facilitate the growth of the green hydrogen transportation market.
“This is a big step towards building Canada’s first domestic green hydrogen supply chain, which will not only help meet ambitious emissions targets, but also generate significant economic activity, jobs and training opportunities,” Fortescue Canada country manager Stephen Appleton said.
“We commend the governments of Canada and British Columbia for their vision to establish a globally-significant green hydrogen sector and look forward to continuing our discussions with them toward securing this investment.”
HTEC president and chief executive officer Colin Armstrong said HTEC is pleased to work with Fortescue.
“This MOU would support HTEC’s growing network of hydrogen fuelling stations with a reliable, domestic source of zero emission hydrogen,” he said.
The supply chain will be co-located with an export facility in British Columbia (BC). Fortescue is also proposing the development of a green hydrogen and green ammonia production facility in Prince George, a city in BC.
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