Australia’s Fortescue remains committed to its green energy vision, but is adjusting project timelines to navigate global market uncertainties, the CEO of its energy division, Mark Hutchinson ...

"If you're waiting for someone to pay you extra because it's green, forget it ... at the end of the day, the economics have to work," he added. Fortescue Energy, the green energy arm of Australian ...

as buyers are unwilling to pay “green premiums”, Fortescue Energy CEO Mark Hutchinson told Reuters in Davos. Green hydrogen is created by splitting water into hydrogen and oxygen using ...

Fortescue, helmed by billionaire and Chairman Andrew Forrest, last year backtracked on plans to become a green-energy powerhouse and remains less diversified in other commodities than its peers.

In July last year, the miner said the unit, Fortescue Energy, was unlikely to meet its target of producing 15 million metric tons of green hydrogen by 2030. Green iron is produced by reducing iron ...

Battery electric trucks, and the electric excavators, need to be charged and powered by green energy. Fortescue last year opened its first solar farm, the 100 MW North Star Junction project ...

Fortescue has backed Australia’s new Hydrogen Production Tax Incentive, calling it a crucial step in driving investment and scaling up the nation’s green hydrogen and green iron metal industries.