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Kylie Turner, System Lead, Sustainable Economies, Climateworks Centre

Fortescue has put its ambitious green hydrogen target on hold – but Australia should keep powering ahead

Hydrogen Fortescue Australia ClimateWorks Centre Andrew Twiggy Forrest Kylie Turner Mining
zanaputritidur/Shutterstock

Australian mining and energy giant Fortescue announced late on Wednesday that its ambitious green energy goal – to produce 15 million tonnes of renewable hydrogen annually by 2030 – will be placed on hold.

As part of a broader restructure, the company will also merge its mining and energy divisions, and slash 700 jobs across its business.

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