Fortescue
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Hydrogen
Aussie Hydrogen Leader Cutting Jobs, Moving Production Target
An Australian company at the forefront of the global push to utilize hydrogen has reduced its workforce and cut its production targets, citing high costs for power needed to produce the fuel. Fortescue, a technology, energy and metal company headquartered in Perth, on July 17 said it would cut 700 jobs as part of a […]
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Hydrogen
Major Hydrogen Project Breaks Ground in Arizona, While Dispute Over Tax Credit Looms
An Australia-based global metal mining and green energy company has broken ground on a major hydrogen production project in Arizona, part of what the group’s founder said could be several planned clean energy investments in North America. Dr. Andrew Forrest, executive chair and founder of Fortescue, at the May 3 groundbreaking for the Arizona Hydrogen […]
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