Australia’s Fortescue remains committed to its green energy vision, but is adjusting project timelines to navigate global market uncertainties, the CEO of its energy division, Mark Hutchinson ...

Fortescue on Thursday reported a drop in first-half profit and said it was reconsidering timeframes for some of its green energy projects as a pause in grants by the United States was leading to ...

Fortescue, helmed by billionaire and Chairman Andrew Forrest, last year backtracked on plans to become a green-energy powerhouse and remains less diversified in other commodities than its peers.

Fortescue is considering pausing almost $1 billion ... reflecting reduced spending on green fuels projects and their slow adoption.

In July last year, the miner said the unit, Fortescue Energy, was unlikely to meet its target of producing 15 million metric tons of green hydrogen by 2030. Green iron is produced by reducing iron ...

Battery electric trucks, and the electric excavators, need to be charged and powered by green energy. Fortescue last year opened its first solar farm, the 100 MW North Star Junction project ...

Andrew Forrest-led Fortescue blamed US president Donald Trump, European policy uncertainty and the looming federal election in Australia for its latest second thoughts on green hydrogen projects.

MELBOURNE (Reuters) -Fortescue reported a slump in first-half profit on Thursday, missing analysts' forecasts, and said it was reconsidering the timeframes for some of its green energy projects given ...

Fortescue Energy CEO Mark Hutchinson added: We have continued to advance and commercialise our portfolio of green technologies to assist Fortescue's own decarbonisation goals and help other ...

Gift 5 articles to anyone you choose each month when you subscribe. Fortescue and the state of Western Australia have been hit with a $1.8 billion native title claim in an extraordinary escalation ...

Fortescue, helmed by billionaire and chairman Andrew Forrest, last year backtracked on plans to become a green-energy powerhouse and remains less diversified in other commodities than its peers.

ASX-listed Fortescue has acquired a 90.09% stake in Red Hawk Mining through its wholly owned subsidiary FMG Pilbara, triggering a compulsory acquisition process. In a market notice issued on ...