Fortescue Updates on Five Planned Hydrogen and Ammonia Projects

Fortescue Metals Group, the Australian iron ore producer and aspiring green energy provider, has given details on five prospective green hydrogen and ammonia projects that it hopes to confirm this year. The company said it is looking in Arizona and Texas to build hydrogen plants to supply domestic “mobility sector,” Fortescue Future Industries (FFI) CEO Mark Hutchinson said in a media and analyst call on April 24, following its quarterly production update

In Brazil, FFI is in the prefeasibility stage for a green ammonia plant, with the product probably exported to Europe.

In Kenya, FFI plans a 300 megawatt green ammonia plant for domestic use as fertilizer.

In Norway, FFI is planning a 300 megawatt green ammonia plant for export to Europe.

In Australia, it is planning a green ammonia plant in Brisbane for domestic use and export to Asian markets.

FFI said none of the projects, however, have reached a final investment decision (FID), but the company is “working really hard to make sure we get to five projects” to FID “this calendar year,” said Hutchinson.