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home / news releases / PLUG - Fortescue Metals Group Goes Battery Electric And Hydrogen

PLUG - Fortescue Metals Group Goes Battery Electric And Hydrogen

Plug Power Inc.
  • Acquisition by FMG (Fortescue Metals Group) of Williams Advanced Engineering to aid electrification of mining fleet.
  • Plans to decarbonize FMG mining & transport operations.
  • Major spend by Fortescue Future Industries (FFI, 100% owned by FMG) in hydrogen technology.
  • FFI sets up JV with Plug Power for 2 GW Gigafactory to produce large scale electrolysers.
  • FMG pivoting to a low carbon future with a big focus on hydrogen makes this company of interest to those seeking investment in the hydrogen economy.

For further details see:

Fortescue Metals Group Goes Battery Electric And Hydrogen
Stock Information
Company Name: Plug Power Inc.
Stock Symbol: PLUG
Market: NASDAQ
Website: plugpower.com
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