Production

Fortescue to slow investment in green hydrogen projects amid market uncertainties in US, Europe and Australia

Project timelines are being adjusted, while capital expenditure by iron-ore company’s green energy division is being shrunk this year by 20%

Fortescue chairman and founder Andrew Forrest speaking at the World Economic Forum Annual Meeting in Davos, Switzerland, in January.
Fortescue chairman and founder Andrew Forrest speaking at the World Economic Forum Annual Meeting in Davos, Switzerland, in January.Photo: World Economic Forum
Editor, Hydrogen Insight
Published 20 February 2025, 11:53Updated 20 February 2025, 11:57
Green H2FortescueAustraliaUSEU