Fortescue has welcomed yesterday’s release of Australia’s latest emissions projections and congratulated the Federal Government on its national emissions trajectory.
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Fortescue founder and executive chair Andrew Forrest has announced the company will “rapidly” expand its US presence as a direct result of the Inflation Reduction Act (IRA).
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Fortescue has invested about $NOK100 million ($13.5 million) to become the third largest shareholder in green hydrogen developer Norwegian Hydrogen.
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Fortescue has today announced it has taken the lead investor role in Electric Hydrogen’s (EH2) US$380 million ($603.4 million) series C funding round.
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Ring of Fire Metals, Wyloo Metals and Mincor Resources will unify under the brand name Wyloo, becoming the largest pure-play nickel company outside of Russia.
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The Mincor Resources board has recommended its shareholders take no action after mining magnate Andrew Forrest bid $760 million for the company.
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Fortescue Future Industries (FFI), a subsidiary of Fortescue Metals, has joined forces with the Government of Kenya to develop a major green energy and fertiliser project.
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