(Perth / Australia) – Fortescue Future Industries Pty Ltd (FFI), a subsidiary of Australian mining group Fortescue Metals Group Limited, is currently building a global portfolio of renewable green hydrogen and green ammonia worldwide. This should catapult FFI to the “top of a global renewable hydrogen industry”, so to speak. The company has reported the conclusion of international collaborations three times in the last four weeks.
The latest agreement was reached in August with Murihiku Hapu, representative of the Ngāi Tahu Maori tribe in New Zealand. This will see collaboration on the assessment and potential development of a large-scale green hydrogen production project in Southland. The system is scheduled to go into operation at the beginning of 2025 and, according to the company, can be expanded in several stages. The board of Fortescue Metals Group Ltd. still has to decide on the implementation of the project and thus on the investments. decide.
Use for steel in India
A few days earlier, FFI had concluded a framework agreement with the Indian JSW Future Energy Ltd. announced, a subsidiary of energy producer and trader JSW Energy Ltd. The companies will examine potential projects related to the production of green hydrogen and explore opportunities to use it for steelmaking, mobility, green ammonia and other industrial applications in India. According to Prashant Jain, Managing Director of JSW Energy, the group plans to build 2030 gigawatts of power generation capacity by 20, with around 85 percent of this coming from renewable energy sources.
Production in Brazil
And in early July, FFI and representatives from the Brazilian state of Ceará signed a memorandum of understanding (MOU) to explore the possibilities of developing hydrogen-based green industrial projects in the South American country. To this end, studies will be carried out on the feasibility of installing a green hydrogen production plant in Ceará. Local universities would also be involved to develop research programs to promote hydrogen-related technologies.
“Our vision is to make renewable green hydrogen the world’s most traded maritime energy source,” said FFI Managing Director Julie Shuttleworth. The company plans to produce around 2030 million tons of green hydrogen per year by 15. In the same year, Fortescue wants to become carbon neutral
deep link
https://ffi.com.au/news/fortescue-future-industries-signs-collaboration-agreement-regarding-a-potential-large-scale-renewable-green-hydrogen-plant-in-new-zealand
https://ffi.com.au/news/fortescue-future-industries-to-explore-potential-green-hydrogen-projects-in-india
https://ffi.com.au/news/fortescue-future-industries-joins-forces-with-the-state-of-ceara-to-develop-green-hydrogen-projects-in-brazil
Photos
Fortescue signed a cooperation agreement to produce green hydrogen in New Zealand in August. / © FFI
