Western Australian metals company, Fortescue is focused on becoming the world’s number one integrated green technology, energy and metals company.
The company has a costed plan to decarbonise its Australian iron ore operations in mining, port, rail, non-process infrastructure and mobile fleet in the Pilbara to achieve zero terrestrial emissions by 2030.
According to Fortescue’s website, the company intends to invest US$6.2 billion to realise this goal.
“In addition to being the immediate action that is needed to help address climate change, this investment is also expected to generate economic returns by eliminating our need for diesel, natural gas and carbon offset purchases,” the website states, adding that real zero means no fossil fuels, and where possible, no offsets.
“Offsets must only be used as a temporary solution while the technology or innovation required to completely eliminate fossil fuels is developed.”
Its plan includes 2-3 GW of renewable (wind and solar) energy generation and substantial battery storage, with power generated transmitted to its electrical network via dedicated connections.
As part of its Australian Industry Participation plan, project proponent, Pilbara Energy Company is working with ICN WA to maximise opportunities for local and First Nation suppliers.
Construction of the project is scheduled to begin in the first quarter of 2024, with the completion slated for the final quarter of 2030.
For more information, or to register an expression of interest go to the Fortescue Decarbonisation Gateway page.
Real zero goal for Fortescue
