"Working with China will help give Fortescue a competitive advantage to achieve our decarbonization targets and has the potential to deliver massive economic opportunities in both countries."
The world's fourth-largest iron-ore miner will use green electricity from solar farms at its Christmas Creek operations in Western Australia to produce 1 500 t/y of high purity green iron.
In July this year, iron ore shipments from Australia's Port Hedland decreased by 20.3 percent month on month and by 1.3 percent year on year, totaling 34,101,271 mt.