Specialization: Human Resources & Recruitment . Apply Now . Incitec Pivot Managing Director, Jeanne Johns, said: “We are pleased to be partnering our world-class manufacturing and ammonia expertise in Australia with FFI’s hydrogen and renewable energy capabilities to contribute to Australia’s potential as a green ammonia powerhouse. Our large scale, low-cost hydropower, geothermal, solar and wind assets will support establishment of green . Posted October 25, 2021 . The deal builds on talks between Dr Forrest and Mr Tshisekedi last September when they signed a deed of agreement for Fortescue to study the feasibility of projects “using DRC hydropower and geothermal resources to support green industrial operations”. Read about Fortescue's operational performance in the September 2021 quarter. As of 2017, Fortescue is the fourth largest iron ore producer in the world after BHP, Rio Tinto, and Vale. Dr Forrest contracted COVID-19 from a Russian translator during the trip and spent several days in a Swiss hospital receiving high-level care. October 27, 2021 . That's where it's going to be targeting global green projects to make money and turn the world greener. Fortescue Future Industries, a wholly owned subsidiary of Fortescue Metals Group, and Porto do Açu Operações SA (Port of Açu), a subsidiary of Prumo Logistica SA (Prumo), have signed a Memorandum of Understanding (MOU) to assess the opportunity to develop hydrogen-based green industrial projects in Rio de Janeiro, Brazil. Our large scale, low-cost hydropower, geothermal, solar and wind assets will support establishment of green . “We have firm interest for at least that amount in Europe,” he said. Our large scale, low-cost hydropower, geothermal, solar and wind assets will support . “This also requires simplifying the procedures for accessing financing for the least developed countries, the majority of which are in Africa.”. LATHAM, N.Y., and EAST PERTH, Australia — Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, and Fortescue Future Industries Pty Ltd (FFI) today signed a letter of intent for a 50-50 joint venture to build a Gigafactory in Queensland, Australia.. As part of the agreement, the two organizations intend to build a two gigawatt . He put Fortescue’s weight behind the Grand Inga dam project on the Congo on Sunday as part of his ambition to diversify the iron ore miner into a global force in green energy and green hydrogen. The DRC has been looking for investors to begin building the next stage, 4800WM Inga 3, with five other stages planned in a project dogged by environment and social concerns about large dams on the Congo, and the spectre of political uncertainty and third-party interference in the DRC. Image: Fortescue Future Industries . FFI is establishing a global portfolio of . In May 2021, it was announced that Fortescue Future Industries Pty Ltd (FFI), IHI Engineering Australia Pty Ltd and IHI Corporation have signed a Memorandum of Understanding (MoU) for investigation into establishing green ammonia supply chains between Australia and Japan. The development is slated to include the construction of a related port precinct in addition to green hydrogen and green ammonia production capability. China casts a huge shadow over the DRC where it controls at least 70 per cent of the cobalt and copper-rich mining industry. 1 was here. The last DRC visit was part of a trip where Dr Forrest and a Fortescue team visited 47 countries in a four-month hunt for green energy projects. Underhill has some 20 years of experience in the global oil and gas industry and . It was announced today that it has reached the 30 June targets for the initial decarbonisation projects, which were originally set on 15 March 2021. Fortescue takes flight from the South West. Fortescue Future Industries (FFI) chief executive Julie Shuttleworth said the company was assessing renewable energy and green hydrogen opportunities globally and would lead and drive the green . Mr Tshisekedi said all foreign governments, investors, service and construction providers should now deal with Fortescue in regard to Grand Inga, and that he had put his faith in the company’s track record of delivering on major infrastructure projects in mining. Apply Now . Apply Now . FFI is establishing a global portfolio of renewable green hydrogen and green ammonia operations that will position FFI at the forefront of a global renewable hydrogen industry. All news about FORTESCUE METALS GROUP LIMITED: 06:56a : Fortescue Future Industries - Outcomes of Fortescue's Workplace Integrity Review: AQ. October 27, 2021 . He also lauded the Queensland Government for already . FFI will leverage Fortescue's world leading track record of . Contact; Search for: Fortescue Future Industries begins testing of hydrogen powered mining truck & blasthole drill rig. In September, a Fortescue's subsidiary, Fortescue Future Industries (FFI), signed an agreement with Indonesia's government to conduct feasibility studies into the utilisation of the country . Awarded Member of the Order of Australia, Ms Shuttleworth has more than 27 years' experience in the mining industry in Australia, China and Tanzania, including 19 years in the gold and copper . Steven Streat, Service Person at Christmas Creek, volunteers his own time to arrange the collection of used drink cans and steel items at Christmas Creek and transports them to Wheelchairs for Kids WA. Dr Forrest expects Fortescue to invest in some of the projects and to own a majority stake alongside equity investors. 10/28/2021 | 06:56am EDT *: *: * Fortescue Metals Group . Ms Shuttleworth was appointed as FFI's CEO in 2021 and is spearheading the Company's objective to make green hydrogen the most globally traded seaborne energy commodity in the world, underpinning Fortescue's industry-leading target to be carbon neutral by 2030. The company aims to demonstrate that infrastructure conversion is both technically and economically feasible, in order to accelerate decarbonisation while protecting jobs. The Grand Inga project has been hailed by some as the holy grail in hydro power, with potential to produce 42,000 megawatts (MW) of electricity based on an $US80 billion expansion of the existing 351MW Inga 1 and 1424MW Inga 2 plants. Fortescue Future Industries - Outcomes of Fortescue's Workplace Integrity Review. Update on Solomon Hub mining incident. A wholly owned subsidiary of FFI and based in the United States, FFI Ionix will operate as a . Fortescue Future Industries, the brainchild of Fortescue founder, chairman and biggest single shareholder Andrew Forrest, is currently in the very early stages of development, and Ms Gaines gave . Fortescue Future Industries (FFI), the 100% renewable green energy and industry company of Fortescue Metals Group (Fortescue), has acquired the commercial assets of Xergy Inc and Xergy One Ltd. (Xergy) to form FFI Ionix Inc. October 29, 2021 FFI. Under their agreement, which is dependent on final discussions, Fortescue subsidiary Fortescue Future Industries was granted exclusive rights to develop the long-talked about Grand Inga project, including the Matadi and the Pioka projects. Posted by Daniel Gleeson on 17th March 2021 Fortescue Future Industries (FFI), a wholly owned subsidiary of Fortescue Metals Group, and Porto do Açu Operações SA (Port of Açu), a subsidiary of Prumo Logistica SA, have signed a memorandum of understanding (MoU) to assess the opportunity to . There is a way to get a slice of Fortescue . Fortescue Future Industries Update 23 February 2021, 16:34: Update - Dividend/Distribution - FMG: 22 February 2021, 11:46: Dividend/Distribution - FMG: 18 February 2021, 11:55: Half Year Results Presentation: 18 February 2021, 10:31 Job Description . Forrest said that over the past 15 months he had researched 62 countries to decide on the best location for producing his envisaged full hydrogen kit, and found . Fortescue Future Industries (FFI) is a global green energy and product company committed to. He also lauded the Queensland Government for already . FFI is committed to producing zero-emission green hydrogen from 100% renewable sources. Fortescue Future Industries are looking for a Senior Global Mobility and Remuneration Advisor with experience in Australian and international remuneration structures, incentives, global mobility, and international benefits. Berkhamsted, Hertfordshire The first step of the project will be a feasibility study, with preliminary results available by the end of 2021. “This should be substantial,” he said. Help using this website - Accessibility statement. Climate Change Report. The addition of transportable green hydrogen and green ammonium would overcome that hurdle and open up global markets. About Fortescue Future Industries (FFI) FFI is the 100 per cent renewable green energy and industry company of Fortescue Metals Group Limited (Fortescue). Fortescue Future Industries, Incitec Pivot to study 'green' hydrogen options at Gibson Island. Contact: Tel: +61 8 6218 8888 (C) 2021 Electronic News Publishing, source ENP Newswire. Stay in . PERTH, Australia, Oct. 26, 2021 /PRNewswire/ -- Fortescue Future Industries (FFI) has announced the appointment of energy industry expert Paul Browning as President and Chief Executive Officer of . Fortescue Future Industries Pty Ltd (FFI), a wholly owned subsidiary of Fortescue Metals Group Ltd (Fortescue), and Porto do Açu Operações S.A. (Port of Açu), a subsidiary of Prumo Logistica S.A. (Prumo), have signed a Memorandum of Understanding (MOU) to assess the opportunity to develop hydrogen-based green industrial projects in Rio de Janeiro, Brazil. There are 54 companies in the FORTESCUE FUTURE . They spent the night in Goma, the scene of mass evacuation in May after the eruption of the Nyiragongo volcano and subsequent warnings from scientists that the city was in danger of deadly gas emissions as underground magma flowed toward Lake Kivu, before a press conference with Mr Tshisekedi on Sunday. Fortescue Future Industries (FFI) is part of Fortescue Metals' plan to become the world's first major supplier of green iron ore, and . Image: Fortescue Future Industries . More News. “If feasible, this project would sustain highly skilled manufacturing jobs at Gibson Island and allow us to leverage our existing capabilities and assets to create a thriving renewable hydrogen ecosystem in Australia in the near term.”, International Mining “FFI’s partnership with Incitec Pivot is an exciting opportunity to harness existing infrastructure at Gibson Island, fast tracking the production of green ammonia at an industrial scale.”. Regional workers the winners as Fortescue Future Industries announces Global Green Energy Manufacturing Centre in Queensland Media Release. Fortescue Future Industries Established in 2003, Fortescue Metals Group Ltd (Fortescue) is a global leader in the resources industry. Fortescue Future Industries has revealed plans to develop a 1 GW solar PV module manufacturing plant in Australia, after confirming that it has acquired a 60% stake in Netherlands-based renewable . Another stumbling block has been the size of the cross-Africa transmission network needed to justify the investment. Fortescue Metals Group may pump more than $1 billion into its new clean energy venture each year under a pledge to siphon 10 per cent of the annual profits generated by its traditional iron ore . Add an executive. Contact; Search for: Tag Archives: Gibson Island. Fortescue Future Industries (FFI) Chief Executive Officer, Julie Shuttleworth, has been recognised in the 2021 Queens Birthday Honours for her significant service to the minerals and mining sector. Fortescue, on the back of the first global search last year, committed 10 per cent of future profits towards FFI projects, a pledge in its own right that could pump more than $1 billion a year . This target includes existing operations and extends to all future operations . is owned by Fortescue Metals Group (37 executives) 2 executives to email now. "Fortescue Future Industries (FFI) has established our own research and testing facility in Perth, and this facility will become the focal point of innovation and collaboration to accelerate the . Fortescue Future Industries (FFI), the 100 per cent renewable green energy and industry company of Fortescue Metals Group Ltd (Fortescue), has acquired the commercial assets of Xergy Inc and Xergy One Ltd. (Xergy) to form FFI Ionix Inc. A wholly owned subsidiary of FFI and based in the United States, FFI Ionix will operate as a technology development company focused on global technology . 11th October 2021 Energy minerals, Environmental, Mine operation news, Mining industry recognition, Mining services, Sustainable mining ammonia, fertilisers, Fortescue Future Industries, Gibson Island, green ammonina, green hydrogen, Jeanne Johns . Dr Forrest and wife Nicola travelled to Goma on Saturday via the capital Kinshasa after entering the DRC from Cameroon. Careers. The acquisition marks an important milestone in FFI's vision to produce affordable green hydrogen; Australian based Fortescue Future Industries (FFI) has acquired a 60 per cent stake in Dutch based High yield Energy Technologies (HyET) Group and provided the majority share of financing for the expansion of HyET Solar's Dutch Solar PV factory. Fortescue Future Industries (FFI), the 100 per cent renewable green energy and industry company of Fortescue Metals Group Ltd (Fortescue), has acquired the commercial assets of Xergy Inc and Xergy One Ltd. (Xergy) to form FFI Ionix Inc. A wholly owned subsidiary of FFI and based in the United States, FFI Ionix will operate as a technology development company focused on global technology . 01:41a: Fortescue joins . Fortescue Metals Group Ltd (Often referred to as FMG) is an Australian iron ore company. Open Vacancies at Fortescue Future Industries (50) Manager Employee Relations FFI Perth. Contact form. "We have a strategy to partner with the private sector to make Queensland a world leader in advanced manufacturing and hydrogen generation," the Premier said. Your enquiry couldn't be submitted, please review the errors below and try again. Summary thoughts on Fortescue and the share price. After almost twenty years working around the world in oil and gas, Felicity has focused on hydrogen since 2018, most recently as General Manager, Future Fuels at Origin Energy, and is Director and Deputy Chair of the Australian Hydrogen Council. Our large scale, low-cost hydropower, geothermal, solar and wind assets will support establishment of . The Fortescue share price isn't great value today considering the iron ore price could keep falling. Perth. Dr Forrest said Fortescue had secured the Grand Inga suite of projects plus others in Kenya and Ethiopia. Posted October 25, 2021 . Fortescue Metals Group may pump more than $1 billion into its new clean energy venture each year under a pledge to siphon 10 per cent of the annual profits generated by its traditional iron ore . Read about Fortescue's progress on our social, safety and environmental performance for the 2021 financial year. Dr Andrew Forrest AO calls for a global hydrogen accreditation scheme Speech. Fortescue Future Industries (FFI) says it is partnering with Incitec Pivot, Australia’s largest fertiliser supplier, to conduct a feasibility study to convert its ammonia-production facility at Gibson Island in Brisbane, Queensland, to run on green, renewable hydrogen. The company has holdings of more than 87,000 km 2 in the Pilbara region of Western Australia, making it the largest tenement holder in the state, larger than both BHP and Rio Tinto. At Fortescue Future Industries (FFI) we are leading the global energy transition by developing a portfolio of renewable energy and green hydrogen projects. Annual Report. Fortescue has said in the past that it intends to fund its green energy ambitions off balance sheet and analysts have suggested that it should be able to find willing financial backers. Decarbonising existing industrial plants remains a major challenge in the transition to a green, renewable future, FFI says. FFI also plans to construct an on-site electrolysis plant, which will produce up to 50,000 t/y of renewable, green hydrogen for conversion into green ammonia.