News
24 July 2025

Fortescue axes post-FID hydrogen projects in $150m write-down

In:
Renewables
Region:
Americas, Asia-Pacific

Fortescue has cancelled two green hydrogen projects in the US and Australia, despite both having passed final investment decision, citing shifting policy landscapes and a retreat from its electrolyser ambitions.New CEO for Growth and Energy, Gus Pichot, told investors that the firm would not...

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