ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Environment

Iron ore giant Fortescue bets on green hydrogen in zero-carbon push

Aussie mining company to ease dependence on China and cultivate Japanese market

SYDNEY -- Fortescue Metals Group, an iron ore heavyweight supporting carbon-intensive steelmaking, has dived into the green hydrogen business in a mad dash to achieve carbon neutrality by 2030.

The world's No. 4 iron ore producer plans to start making "zero-emission" hydrogen using renewable energy as early as 2023 for export to Japan and other energy-hungry economies.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more