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Marion Rae

Fortescue pledges $9.2b for clean iron ore

Fortescue Andrew Forrest iron ore Fortescue Metals Group Mining

Andrew Forrest says Fortescue is already benefitting from the transition away from fossil fuels. (Bianca De Marchi/AAP PHOTOS) (AAP)

Billionaire Andrew Forrest aims to eliminate fossil fuel use and achieve zero emissions across his iron ore operations by 2030.

The mining magnate on Tuesday announced plans for Fortescue Metals Group (FMG) to spend $US6.2 billion ($A9.2b) by 2030 to eliminate gas and diesel from operations, reducing costs by $US818 million per year.

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