Chanticleer
Fortescue keeps faith in its green hydrogen unicorn hunt
Peter Coleman says buyers willing to sign up for 10-year green hydrogen contracts are like unicorns. But Fortescue’s energy boss, Mark Hutchinson, says the market is developing, and the buyers are out there.
Peter Coleman, the former CEO of Woodside Energy and current chairman of lithium giant Allkem and offshore wind player DIRECT Infrastructure, reckons Fortescue Metals Group needs to find a few unicorns if it is to pull off its green hydrogen dream.
There’s no shortage of interest or investment for hydrogen projects, and Coleman says the technology is proven, particularly for transport uses.
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