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Global liquid hydrogen consortium established to develop supply chain between Australia and Japan
Fortescue Metals Group (Fortescue) today announced that it has signed a Memorandum of Understanding (MOU) with Kawasaki Heavy Industries (Kawasaki) and Iwatani Corporation (Iwatani) to develop a business model for the supply of liquid hydrogen into Japan.
Under the MOU, the three parties will establish the Global LH2 Consortium to facilitate collaboration for the establishment of large scale, liquid hydrogen production and supply capabilities.
The Consortium will focus on joint activities associated with the development of renewable hydrogen projects in Australia and overseas, with a view to establishing liquid hydrogen supply chains and the distribution and offtake of liquid hydrogen within Japan.
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