Page 42 - Future Industries News Today : Breaking News, Live Updates & Top Stories | Vimarsana

China to foster future industries in information, energy sectors By Zhang Yue | chinadaily.com.cn | Updated: 2021-04-19 15:20 Share CLOSE Employees from Sinopec Yanshan Petrochemical Co operate a hydrogen production equipment in Beijing. [Photo by Hu Qingming/For China Daily] China will plan ahead and nurture future industries particularly in quantum information, hydrogen energy and energy storage sectors, the country's National Development and Reform Commission (NDRC) said on Monday. Meng Wei, the NDRC spokesperson, said at a news co...

Green hydrogen is billed as the new climate friendly fuel in town but will it work? updated 1 Australia's abundance of sunshine could help drive a hydrogen boom. ( Share Print text only Cancel You may have started hearing the phrase "green hydrogen" and wondered if this clean "fuel of the future" will live up to the hype. Key points: Green hydrogen could be a gamechanger if it can be used to decarbonise industries like steel making and shipping The concept of green hydrogen has been around for decades, but making it isn't cheap Fortescue said a green steel industry could create tens of thous...

Iron ore leader Fortescue pushing green hydrogen, ammonia and electricity projects Australia-based Fortescue Metals Group, one of the world’s largest producers of iron ore, recently revised its emissions reduction goal to achieve carbon neutrality by 2030—10 years earlier than its previous target. Fortescue Future Industries (FFI), a wholly-owned subsidiary of Fortescue, will be a key enabler of this target through the development of green electricity, green hydrogen and green ammonia projects in Australia. We have joined the global battle to defeat climate change. We are trialing and dem...

By Reuters Staff 3 Min Read MELBOURNE (Reuters) - Australia’s Fortescue Metals Group, the world’s fourth-largest iron ore miner, has set an ambitious plan to become carbon neutral by 2030, bringing forward the target by 10 years as it aims to start producing green hydrogen as soon as 2023. FILE PHOTO: The logo of Australia's Fortescue Metals Group (FMG) can be seen on a bulk carrier as it is loaded with iron ore at the coastal town of Port Hedland in Western Australia, November 29, 2018. Picture taken November 29, 2018. REUTERS/Melanie Burton/File Photo Fortescue Chairman Andrew Forr...

Australia's Fortescue Metals Group, the world's fourth-largest iron ore miner, has set an ambitious plan to become carbon neutral by 2030, bringing forward the target by 10 years as it aims to start producing green hydrogen as soon as 2023.