Despite the company’s concerns over US green hydrogen subsidy rules, Fortescue has officially launched its first US hydrogen production project in Buckeye, Arizona, previously acquired from Nikola.
Now named Arizona Hydrogen, the $550m project is planned to produce up to 11,000 tonnes of liquid green hydrogen per year, to meet heavy-duty transportation demand.
Last Thursday (May 2), the Australian metal mining and green energy firm carried out and soil turning ceremony at the 158-acre site, where Fortescue’s founder and Executive Chairman, Dr. Andrew Forrest, took a shot at the US’ proposed green hydrogen subsidy rules.
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