Pilbara must help China decarbonise steel to stay in the game – Fortescue CEO
Iron-ore major Fortescue is continuing its push into green iron production, with CEO Dino Otranto telling investors on Wednesday that the Pilbara must help China decarbonise steelmaking if it were to remain globally competitive. Speaking during the company’s earnings call, Otranto said construction of Fortescue’s Green Metal project at its Christmas Creek mine is advancing, with first production targeted this year, positioning it as the first project at scale in the Pilbara to produce green metal.
Iron-ore major Fortescue is continuing its push into green iron production, with CEO Dino Otranto telling investors on Wednesday that the Pilbara must help China decarbonise steelmaking if it were to remain globally competitive.
Speaking during the company’s earnings call, Otranto said construction of Fortescue’s Green Metal project at its Christmas Creek mine is advancing, with first production targeted this year, positioning it as the first project at scale in the Pilbara to produce green metal.
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