Fortescue Metals is a major player in the iron ore industry, recognized as one of the world's leading producers and sea-borne traders of iron ore. Established in 2003, the company has experienced significant growth and is listed in the S&P/ASX 50 share index. With a workforce of over 65,000, Fortescue is focused on pursuing growth strategies to capitalize on its position as the major tenement holder in the Pilbara region, known for being a prime location for iron ore mining. The company's relentless pursuit of growth and expansion sets it apart in the industry, solidifying its position as a key player in the global iron ore market.
Electric Hydrogen is a company focused on developing low-cost, high-efficiency, fossil-free hydrogen systems aimed at decarbonizing industrial sectors such as ammonia and steel production, which are significant contributors to global greenhouse gas emissions. By rethinking electrolysis, Electric Hydrogen seeks to make clean hydrogen competitive with traditional, fossil-fuel-based hydrogen in terms of cost and scalability. The company's advanced PEM technology utilizes low-cost renewable electricity to produce clean hydrogen gas, thereby helping industries reduce their reliance on fossil fuels and minimize pollution. With a leadership team experienced in transformative clean energy companies, Electric Hydrogen is positioned to address current challenges in efficiency and cost, contributing to the goal of a zero-emission industrial sector in the near future.
Nullagine iron ore project
Acquisition in 2016
Nullagine mine was in production for five years before weak iron ore prices forced it to be shuttered in December last year.
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