Fortescue Metals Group Ltd has declared its expansion into global manufacturing with a significant US$35 million investment to establish an Advanced Manufacturing Center in Michigan, USA. This strategic move is set to bolster the company’s manufacturing capabilities, particularly in producing automotive and heavy industry batteries, hydrogen generators, fast chargers, and electrolysers. Job Creation and Green […]
Thermax, an Indian energy and environment solutions provider, is joining forces with Fortescue Future Industries (FFI), an Australian green energy and green technology company, to explore opportunities for green hydrogen in India. In this regard, both parties have inked a memorandum of understanding (MoU) to study the possibility of green hydrogen projects, including new manufacturing […]
NRW Holdings has bagged a contract worth AUD70 million ($47 million) for bulk earthworks for the Iron Bridge Magnetite Project in Western Australia from the joint venture between Fortescue Metals Group subsidiary FMG Magnetite and Formosa Steel IB. The contract will be subject to the finalization of various outstanding contractual items, said NRW Holdings. However, […]
Fortescue Metals Group (FMG) announced that its subsidiary FMG Magnetite and its joint venture (JV) partner Formosa Steel IB have approved the development of Stage 2 of the Iron Bridge Magnetite Project in Australia with an investment of $2.6 billion. The Iron Bridge Magnetite Project, which is located 145 km south of Port Hedland in […]