Business
Why the Fortescue (ASX:FMG) share price is slipping today
The Fortescue Metals Group Limited (ASX: FMG) share price is falling slightly today amid news that the company met with Jordanian government officials to discuss hydrogen energy, with few other details revealed.
The Fortescue share price is down 0.54% to $20.25 today.
Fortescue is one of Australia’s largest miners, involved primarily in the exploration, development, production, processing and sale of iron ore. Unlike Australia’s other large mining companies, however, it has a net-zero emissions target by 2030.
Fortescue’s hydrogen shift
In recent years, Fortescue chair Andrew Forrest has been one of Australia’s most vocal proponents of shifting towards renewable energy. The company recently announced plans to become
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