Fortescue to make $8.4bn green hydrogen investment in Argentina

Australia’s Fortescue Metals Group has unveiled plans for a potential $8.4bn green hydrogen investment in Argentina, in a move that is expected to see Río Negro produce 2.2 million tonnes of green hydrogen annually.

Marking a major commitment for both Fortescue and Argentina’s hydrogen economy, the investment is believed to create more than 15,000 direct jobs and between 40,000 and 50,000 indirect jobs.

In order to confirm the planned capacities will be possible in the region, Fortescue will carry out a pilot stage, with an estimated investment of $1.2bn, which will produce 35,000 tonnes of green hydrogen.

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...