Owner Investor / Financier Operator Developer
Fortescue Metals Group Ltd (Fortescue) is an Australian resources company and one of the world’s largest iron ore producers. Headquartered in Perth, it operates major mining and rail/port infrastructure in Western Australia’s Pilbara region and is listed on the Australian Securities Exchange (ASX: FMG).
Through its Fortescue Energy division (building on Fortescue Future Industries), the company develops projects in green hydrogen and green ammonia and invests in electrolyser technology and manufacturing. Its activities span renewable power integration, hydrogen production, ammonia synthesis and export logistics, with applications across heavy industry, fertilizers and maritime fuels. Fortescue is also assessing “green iron” pathways that use hydrogen to reduce iron ore. The company has stated targets to eliminate its operational (Scope 1 and 2) emissions by 2030, aligning its mining operations and emerging energy projects with broader industrial decarbonization trends.
chemXplore tracks 2 projects involving Fortescue, of which 2 are active.
Closest to start-up first.
First hot metal produced at Christmas Creek pilot in the Pilbara using an electric DRI Smelting Furnace to test lower‑emission routes for Pilbara iron ore fines.
The agreement now extends to 2029, covering a 10-year power supply, supporting ongoing studies and approvals for the Holmaneset project.
Six projects vie for $2 billion under Hydrogen Headstart, with BP, CIP and a Porsche‑backed venture shortlisted; final bids due late June ahead of 2024 winners.
