MINERS

Fortescue hydrogen reset casts shadow over $114m Gladstone plant

Strategic overhaul sees 90 jobs cut as company pivots toward green iron ambitions

Fortescue still backs green hydrogen as ‘fuel of the future’ despite axing 90 jobs at its Gladstone plant and Perth.

Fortescue still backs green hydrogen as ‘fuel of the future’ despite axing 90 jobs at its Gladstone plant and Perth. | Credits: Fortescue

Fortescue has slashed around 90 jobs across its hydrogen division, raising fresh questions about the future of its $114 million electrolyser manufacturing plant in Gladstone and the viability of its broader...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

editions

ESG Mining Company Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Leadership Insights 2025

Leadership Insights reveals key trends in priority mining issues through interviews with 15+ top mining company executives and an industrywide survey.

editions

Mining IQ Risk Analytics

Risk Analytics offers interactive access to World Risk Insight data, allowing you to customise risk views, benchmark jurisdictions, explore data behind scores and read expert commentary to guide your decision-making.

editions

Project Pipeline Index 2025

View our 50 top mining projects, handpicked using a unique, objective selection process from an expanded database of 600+ global assets.