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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.

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