Fortescue has pulled off a world first with the use of ammonia as a marine fuel aboard its ship the Fortescue Green Pioneer in the Port of Singapore.
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Following Wyloo’s decision to place the Cassini, Long and Durkin nickel mines under care and maintenance, BHP has announced that it will pause part of its Kambalda processing operations in Western Australia.
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As Australian nickel players face multiple headwinds, Wyloo will temporarily shut down the Western Australian nickel mines it obtained through its acquisition of Mincor Resources.
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Federal Resources Minister Madeleine King has told The Australian Financial Review (AFR) that she supports a green price premium for nickel produced in Australia.
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The European Union (EU) has awarded Fortescue’s Holmaneset green ammonia project in Norway a €203.77 million ($325.4 million) grant as part of its innovation fund.
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Fortescue has welcomed yesterday’s release of Australia’s latest emissions projections and congratulated the Federal Government on its national emissions trajectory.
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Fortescue founder and executive chair Andrew Forrest has announced the company will “rapidly” expand its US presence as a direct result of the Inflation Reduction Act (IRA).
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Fortescue has invested about $NOK100 million ($13.5 million) to become the third largest shareholder in green hydrogen developer Norwegian Hydrogen.
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Fortescue has today announced it has taken the lead investor role in Electric Hydrogen’s (EH2) US$380 million ($603.4 million) series C funding round.
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Ring of Fire Metals, Wyloo Metals and Mincor Resources will unify under the brand name Wyloo, becoming the largest pure-play nickel company outside of Russia.
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