Tiwai Point eyed up for hydrogen production by Australian billionaire Dr Andrew Forrest
4 May, 2021 07:20 PM
5 minutes to read
An Australian billionaire is looking at using the aluminium smelter site at Tiwai Point near Bluff for environmentally friendly hydrogen production. Photo / Nate McKinnon
An Australian billionaire is looking at using the aluminium smelter site at Tiwai Point near Bluff for environmentally friendly hydrogen production. Photo / Nate McKinnon
RNZ
By Phil Pennington of RNZ
An Australian billionaire is looking at using the aluminium smelter site at Tiwai Pt near Bluff for environmentally friendly hydrogen production.
The smelter is due to close in just over three years at a cost of 1000 jobs and $400 million sucked annually from the Southland economy.
Photo: RNZ / Nate McKinnon
The smelter is due to close in just over three years at a cost of 1000 jobs and $400 million sucked annually from the Southland economy.
Dr Andrew Forrest, who founded and chairs the world s fourth-biggest iron ore producer, Fortescue Metals Group, has met with Southland councils and been in talks with government officials about fitting Tiwai Point into his ambitious global plans. The Southland region and its renewable energy potential makes it an exciting opportunity for development as a potential green hydrogen production and export hub, chief executive officer Julie Shuttleworth said in a statement to RNZ.
Forrest departs on international hunt for green energy asset
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Fortescue Metals Group chairman Andrew Forrest has left Australia to continue his international hunt for green energy assets.
It is unclear how long Dr Forrest will be on the road or what countries he will visit.
Andrew Forrest has resumed his international hunt for renewable energy assets.
Trevor Collens
Fortescue declined to answer questions about his latest trip aimed at securing green energy assets for wholly owned subsidiary Fortescue Future Industries, including on the size of the travelling party.
Sources close to Dr Forrest ruled out a visit to China despite Fortescue issuing a statement on Wednesday in support of the Boao Forum for Asia on the island of Hainan.
Forrest departs on international hunt for green energy assets
Share
Fortescue Metals Group chairman Andrew Forrest has left Australia to continue his international hunt for green energy assets.
It is unclear how long Dr Forrest will be on the road or what countries he will visit.
Andrew Forrest has resumed his international hunt for renewable energy assets.
Trevor Collens
Fortescue declined to answer questions about his latest trip aimed at securing green energy assets for wholly owned subsidiary Fortescue Future Industries, including on the size of the travelling party.
Sources close to Dr Forrest ruled out a visit to China despite Fortescue issuing a statement on Wednesday in support of the Boao Forum for Asia on the island of Hainan.
Green hydrogen is billed as the new climate friendly fuel in town but will it work?
updated 1
Australia s abundance of sunshine could help drive a hydrogen boom.
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You may have started hearing the phrase green hydrogen and wondered if this clean fuel of the future will live up to the hype.
Key points:
Green hydrogen could be a gamechanger if it can be used to decarbonise industries like steel making and shipping
The concept of green hydrogen has been around for decades, but making it isn t cheap
Fortescue said a green steel industry could create tens of thousands of jobs