Fortescue's Green Hydrogen Expansion: Pushing Forward in Gladstone
Key Ideas
  • Fortescue has started construction on its first commercial-scale green hydrogen project in Gladstone, Queensland, with a $225 million investment.
  • The PEM50 project includes a 30 MW electrolyser plant for initial production in 2025 and plans for additional 20 MW by 2028.
  • Fortescue aims to produce up to 8,000 tonnes of green hydrogen annually, with a focus on local and export markets.
  • The company has other green energy projects underway, such as the Christmas Creek green iron trial plant in Western Australia and the Phoenix Hydrogen Hub in the United States.
Fortescue, the mining and energy group, has initiated the construction of its inaugural commercial-scale green hydrogen project in Gladstone, Queensland, underscoring its commitment to hydrogen and renewable energy. The almost $225 million Proton Exchange Membrane 50 MW (PEM50) green hydrogen project has begun at Fortescue's site near Gladstone, with the installation of a 30 MW electrolyser plant as the initial phase and plans to expand it to 50 MW by 2028. This project, utilizing locally made PEM electrolysers and renewable energy sources, is projected to produce up to 8,000 tonnes of green hydrogen annually for local consumption and export. Additionally, Fortescue has green energy ventures like the Christmas Creek green iron trial plant in Australia and the Phoenix Hydrogen Hub in the US, aiming to boost green hydrogen production and usage globally. The company's focus on sustainability and green initiatives is evident through these strategic investments, marking a positive step towards a greener and more hydrogen-focused future.
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