Hydrogen
Fortescue dividend delivers for Forrest despite modest profit jump
A month after shedding 700 workers, Fortescue has posted an annual profit of $8.4 billion supporting a $2.2 billion payout to the miner’s biggest shareholders Andrew and Nicola Forrest.
- by Peter Milne
Latest
Andrew Forrest isn’t giving up on his green iron Pilbara dream
Weeks ago Fortescue dumped a target to be a major producer of green hydrogen by 2030, but Andrew Forrest still insists his native Pilbara can supply the globe with green iron.
- by Peter Milne
Woodside punts $3.7 billion on US clean ammonia project
Woodside’s switch to investing in America continues with the purchase of an under construction plant in Texas with low emission ambitions.
- by Peter Milne
Forrest’s Fortescue boosts spending to keep green hydrogen dream alive
Mining giant says it will lift spending on its green energy division this year despite setbacks tempering its ambitious green hydrogen targets.
- by Nick Toscano
An expensive future made in Australia: Warnings on $23 billion plan
Governments around the world, including Australia, are using taxpayers’ money to support emerging industries. Now there are warnings these programs may achieve little.
- by Shane Wright
Opinion
Andrew Forrest
Billionaire Andrew Forrest’s green crusade cops a reality check
Fortescue is about to turn 21, and with age seemingly comes wisdom, as the company puts its enormously expensive green hydrogen plans on the backburner.
- by Elizabeth Knight
Updated
Andrew Forrest
Andrew Forrest’s Fortescue slashes 700 jobs, tempers green hydrogen ambitions
Mining billionaire Andrew Forrest’s Fortescue will slash 700 jobs, as the company tempers its ambition to be a major producer of the clean fuel hydrogen.
- by Peter Milne
Paying clean hydrogen’s way in WA will be harder than the hype
A cautionary tale for Australian companies rushing into the clean fuel business: from optimism a few years ago, Yara now finds green hydrogen is a long way away.
- by Peter Milne
Resources tax breaks opens rift between WA and federal Liberals
Shadow treasurer Angus Taylor lashed $14 billion worth of incentives for green hydrogen and critical minerals companies, claiming it amounted to “handing out billions to billionaires”.
- by Hamish Hastie
Made in Australia: The $22.7 billion punt to rival China’s dominance
The government is betting big on green technologies and industry to grow local manufacturing.
- by Mike Foley
Updated
Coal
End to a secret deal that locked in coal exports and Sydney truck traffic
The Port of Newcastle has paid $13 million so that it is no longer prohibited from competing with Port Botany and can diversify away from coal.
- by Caitlin Fitzsimmons
Original URL: https://www.brisbanetimes.com.au/topic/hydrogen--1neu