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Fortescue

Acronym: FMGL

General Information

Identification Code: 123971942816-77
Website: [object Object]
Entity Form: Public limited company
Registration Category: Companies & groups
Registration Date: 5/19/2021
Last Update: 3/6/2024
EP Accredited Number: 1

Mission & Interests

Goals: Fortescue is a global metals and green energy company, recognised for its culture, innovation and industry-leading development of infrastructure, mining assets and green energy initiatives. It operates with two divisions – Metals and Energy. Fortescue Energy is comprised of Fortescue Future Industries (FFI) and WAE Technologies. FFI is committed to producing green hydrogen, containing zero carbon, from renewable electricity. Fortescue is acquiring and developing technology solutions for hard-to-decarbonise industries, while building a global portfolio of renewable green hydrogen and green ammonia projects. Fortescue is developing and acquiring the technology and energy supply to help decarbonise the Australian iron ore operations of one of the world’s largest producers of iron ore, Fortescue Metals, by 2030 (Scope 1 and 2 terrestrial emissions). We have published a fully costed roadmap and plan to achieve this.
Interests Represented: Promotes their own interests or the collective interests of their members
Interests:
  • Climate action
  • Competition
  • Energy
  • External relations
  • Research and innovation
  • Trade
Levels of Interest:
  • global

Activities

Main EU Legislative Proposals: Fortescue aligns with the EU's proposals and policies, most notably with regard to climate neutrality and economic growth. We support the Commission's proposals with regard to renewable hydrogen in FitFor55 and REPowerEU, and are following the development of related files such as - the Critical Raw Materials Act - Net Zero Industries Act - the Hydrogen and Decarbonised Gas Market package - the development of a certification system for renewable hydrogen - Development of the European Hydrogen Bank
Communication Activities: We have taken part in the Commission's consultation on the definition of renewable hydrogen (RFNBO) for the purpose of RED II and written letters in support of our position.
Inter-institutional or Unofficial Groupings: N/A

Head Office

Address: Level 2 / 87 Adelaide Terrace
Post Code: 6004
City: East Perth
Country: AUSTRALIA
Phone: [object Object]

EU Office

Address: Level 2 / 87 Adelaide Terrace
Post Code: 6004
City: East Perth
Country: AUSTRALIA
Phone: [object Object]

Financial Data

New Organisation: false
Closed Year: [object Object]
Current Year: [object Object]
Complementary Information: Our flagship green ammonia plant, 'FFI Holmaneset' has been selected in July 2025 by the Innovation Fund for a grant for Innovative electrification in industry and hydrogen. The Holmaneset project is a great opportunity for FFI, Norway and Europe for early development of a significant green energy value chain, and we commend the EU for its leadership in kickstarting a green ammonia industry. We look forward to finalising the details of our arrangements with the European Climate, Infrastructure and Environment Executive Agency (CINEA) in due course.

Membership Information

Members10 Percent: 1
Members25 Percent: 2
Members50 Percent: 1
Members75 Percent: 0
Members: 4
Members F T E: 1.100000023841858

Structure

Structure Type: Structure
Is Member Of: N/A
Organisation Members: Bruegel (think tank) Bruegel.org The Green Hydrogen Catapult https://greenh2catapult.com/ The Green Hydrogen Organisation GH2.org The First Movers Coalition https://www.weforum.org/first-movers-coalition