Fortescue Future Industries (FFI), the green arm of Australian miner Fortescue Metals Group (ASX:FMG), on Tuesday said it has been allocated land for a green hydrogen and green ammonia project in Western Australian government’s Oakajee Strategic Industrial Area (SIA).
The state government wants to develop the Oakajee SIA from a greenfield site into a multi-product renewable hydrogen industrial precinct, benefiting from its wind and solar energy potential. On Tuesday it announced that land allocation has been approved to six hydrogen project proponents, which will now need to reach agreements with DevelopmentWA. The site is located 435 km (270 miles) north of Perth and 23 km north of Geraldton.
FFI is contemplating the production of green hydrogen and green ammonia there, for domestic and international export. Its project is subject to additional scoping and feasibility studies.
The company says it is confident that the region’s wind and solar resources could underpin a major renewable energy hub, including related industries such as the production of key infrastructure equipment.
“Our aim is to generate electricity from the Mid West’s abundant natural resource base and use it to create products to rapidly displace fossil fuels and help address the effects of climate change,” said FFI Australia West director Maia Schweizer.