Hydrogen holds key to decarbonisation
Fortescue Metals Group’s diesel usage would exceed one billion litres annually in just a few years if it did not pursue greener energy sources. The staggering figure was highlighted by the company’s Director of Sustainability Alison Terry at WA Mining Club’s May luncheon. Ms Terry said this is why FMG was moving “very rapidly” towards green energy, and particularly green hydrogen, initiatives. These initiatives would be advanced by Fortescue Future Industries, a wholly owned subsidiary of FMG that Ms Terry said was founded, from a business perspective, on the basis of FMG being an export-based business. “Hydrogen and green hydrogen in particular is a massive export opportunity for Australia,’’ she said. “And with decarbonisation, we also have the ability to…