9,523.31 TRY BIST 100 BIST 100
5.25 CNY CNY CNY
40.95 EUR EUR EUR
37.93 USD USD USD
0.13 CNY CNY/EUR CNY/EUR
45.36 TRY Interest Interest
73.01 USD Fossil Oil Fossil Oil
33.28 USD Silver Silver
4.89 USD Copper Copper
102.77 USD Iron Ore Iron Ore
356.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,819.33 TRY Gold (gr) Gold (gr)

Fortescue plans to decarbonize by 2030

Fortescue, Australia's largest iron ore producer, plans to transition from carbon offsets to decarbonization, aiming for "real zero" emissions by 2030.

Fortescue plans to decarbonize by 2030

Fortescue plans to redirect funds for carbon offsets to decarbonization to achieve "real zero" emissions by 2030. The world's fourth-largest iron ore producer will no longer buy carbon offsets.

Fortescue reorganized its business into energy and steel divisions and plans to reduce its use of diesel fuel. The company's short-term goal is to peak emissions by 2025/26 due to the commissioning of a new mine.

Emissions are expected to drop significantly in 2027/28 due to environmental technologies and renewable energy investments. Fortescue plans to invest in three more solar farms by fiscal 2025.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Tax on scrap exports from Ukraine to Türkiye to remain in place

Thursday, April 3, 2025

OQGN partners with Hidrom to develop Oman's green hydrogen economy

Thursday, April 3, 2025

Steel billionaire Lakshmi Mittal announces relocation to the United Arab Emirates

Thursday, April 3, 2025

MKE to invest TRY 2 billion in defense industry

Thursday, April 3, 2025

Kardemir is 88 years old: A milestone in Türkiye's industrialization journey

Thursday, April 3, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now