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Fortescue to produce green hydrogen from 2023, and targets green steel – RenewEconomy
The iron ore billionaire says he wants to start making emissions-free steel in Australia, and will be carbon neutral by 2030.
Iron ore billionaire Andrew Forrest says his company, Fortescue Metals, hopes to be producing green hydrogen at commercial scale as early as 2023, and plans to use much of that hydrogen to make green steel in Australia.
He also announced the company would now aim to achieve carbon neutrality on its scope 1 and 2 emissions by 2030, bringing the target forward 10 years. Most of that would be done through absolute emissions reduction rather than the use of offsets.
Both targets will require a rapid…
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