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Forrest to turn Fortescue green by 2030

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Andrew Forrest has doubled down on his ambitions to turn Fortescue Metals Group green with a commitment to being carbon neutral in just nine years that involves the company becoming a major producer of green hydrogen on top of its iron ore operations.

Australia’s richest man said on Monday that Fortescue revised target was operational carbon neutrality by 2030, brought forward by 10 years, and well ahead of the 2050 targets set by iron ore mining rivals Rio Tinto and BHP.

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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com

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    Original URL: https://www.afr.com/companies/mining/forrest-to-turn-fortescue-green-by-2030-20210315-p57arc