Mining giant Fortescue to spend billions in bid to eliminate fossil fuels by 2030

Fortescue is pledging to eliminate the use of fossil fuels for producing iron ore, which is a key ingredient in steel.. Premium
Fortescue is pledging to eliminate the use of fossil fuels for producing iron ore, which is a key ingredient in steel.. 
 wsj 4 min read . Updated: 20 Sep 2022, 07:07 PM IST Amrith Ramkumar, The Wall Street Journal

Australian iron-ore producer says clean-energy spending will lower long-term costs

Fortescue Metals Group Ltd. will spend more than $6 billion on renewable energy and stop using fossil fuels by 2030, a pledge that the Australian iron-ore giant says will lower energy costs and mark a key step toward producing low-carbon steel.

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