Fortescue’s new $2bn Chinese loan will not go towards green hydrogen projects

Fortescue’s new bn Chinese loan will not go towards green hydrogen projects


The yuan-denominated debt will be used to support the company’s decarbonisation plans, but not the production of renewable H2, Hydrogen Insight has learned

Fortescue founder and executive chairman Andrew Forrest giving a speech in Perth, Australia, earlier this year.
Fortescue founder and executive chairman Andrew Forrest giving a speech in Perth, Australia, earlier this year.Photo: Matt Jelonek/Getty



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