Australia’s FFI scores German hydrogen supply agreement, as analysts predict bright future

Published 06:04 on January 17, 2022  /  Last updated at 06:04 on January 17, 2022  /  Africa, Australia, EMEA, International, Middle East  /  No Comments

The green energy arm of Australian iron ore mining giant Fortescue Metals Group, has added another green hydrogen deal to its list by signing a supply agreement with Covestro, a German chemicals company, FFI announced on Monday.

The green energy arm of Australian iron ore mining giant Fortescue Metals Group, has added another green hydrogen deal to its list by signing a supply agreement with Covestro, a German chemicals company, it said Monday, as analysts tipped renewables-generated hydrogen to become competitive with the gas-fuelled option by the end of the decade.

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