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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.
Australia's Fortescue eyes Brazil plant amid green hydrogen push Reuters 15/03/2021 By Gram Slattery By Gram Slattery RIO DE JANEIRO (Reuters) - Fortescue Metals Group Ltd is looking to build a green hydrogen plant in Brazil, executives told Reuters on Monday, as the Australian miner acts on recently announced plans to go carbon neutral by 2030. Fortescue Future Industries (FFI), a unit of the company, has signed a memorandum of understanding (MoU) with Porto do Açu, a major Brazilian seaport and industrial hub, to study the feasibility of installing a 300-megawatt green...
18 February 2021 Fortescue Metals is set to funnel at least $400 million into renewable energy technologies such as wind, solar and green hydrogen, as it ramps up its push to be one of the world’s biggest clean energy companies. That would come on top of around $100 million of investment this financial year. If the iron ore price remains high, the $400 million figure could be several hundred million dollars higher by the end of the financial year. The iron ore miner unveiled a massive half year profit on Thursday of more than $4 billion, thanks to sky high iron ore prices. It’s been a bum...
Photo: Getty Images A fresh approach to improve COVID-19 and treatment for other lung disease and innovative research on rheumatoid arthritis and cancer therapy are three areas of Flinders University research to receive a funding boost this week. Associate Professor Jillian Carr, with Flinders colleagues, critical care medicine and respiratory physiology researchers Associate Professors Shailesh Bihari and Dani-Louise Dixon, will lead a project entitled ‘Modulating COVID-19 disease by targeting virus and virus-induced responses through pharmaceutical and mechanical ventilation strategies: S...