Original article by Peter Ker
The Australian Financial Review – Page: 18 : 15-Jun-23
Fortescue Metals Group’s founder Andrew Forrest said in early 2021 that all of its iron ore haulage trucks would run on ‘green energy’ by 2030. He particularly emphasised the use of hydrogen and ammonia. However, Fortescue executive Christiaan Heyning has told the Energy and Mines Australia Summit in Perth that electric batteries are likely to be the primary clean energy source for mining trucks in the near-term. Fortescue’s director of decarbonisation contends that the alternative of hydrogen is currently more inefficient than batteries. Rio Tinto executive John Mulcahy has expressed a similar view.
CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, RIO TINTO LIMITED – ASX RIO