Fortescue running out of time to find cheap power or government subsidies for second Australian green hydrogen project

The energy and mining company has until the end of next month to take a final investment decision on the 550MW Gibson Island facility

The Gibson Island site, where Fortescue plans to develop a green hydrogen facility feeding into IPL's proposed green ammonia plant
The Gibson Island site, where Fortescue plans to develop a green hydrogen facility feeding into IPL's proposed green ammonia plantPhoto: Fortescue
Published 25 January 2024, 10:10Updated 25 January 2024, 10:16