The iron ore billionaire Andrew Forrest has long vowed to transform Australia’s energy landscape with green hydrogen made from renewable energy, even turning up to 2023’s Cop28 in a ship dubbed the “Green Pioneer”.
But pundits wondered whether the green dream had come crashing down to reality after Fortescue announced this week that it was cutting 700 jobs across its businesses globally as it seeks to remain “lean”, with an unspecific number going in its energy unit.
