Implementation Strategy

Implementation Strategy

Fortescue is committed to developing zero-emission solutions for its diesel-based mine, port and rail equipment.

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Heavy Mobile Equipment

51% of our Scope 1 emissions in FY24

Fortescue is committed to developing zero-emissions solutions to its diesel-based mine, port and rail equipment. To date, the Fortescue Board has approved significant investment in zero emissions HME along with associated charging facilities and site-based electrical infrastructure.

Rail

10% of our Scope 1 emissions in FY24

To decarbonise our rail operations, Fortescue is exploring both alternative fuel and battery-electric technologies. In FY24 a dual-fuelled prototype ammonia-powered locomotive completed rail trials at Solomon mine site, including eight banking trial runs with no incidents. Two battery-electric locomotives procured from Progress Rail are under construction and due onsite for rail testing in FY25. Fortescue Zero’s battery-electric locomotive prototype is also under construction, with expected delivery in FY25.

Shipping

13% of our Scope 1 emissions in FY24

More than 1% of our Scope 3 emissions in FY24

Fortescue, with the support of the Maritime and Port Authority of Singapore, and DNV Classification, government agencies, research institutes and industry partners, has successfully conducted the world’s first use of ammonia, in combination with diesel in the combustion process, as a marine fuel onboard the Singapore-flagged ammonia-powered vessel, the Green Pioneer, in the Port of Singapore. Fortescue’s ambition is for our own very large ore carriers to be powered by green fuels by 2030.

FORTESCUE ENERGY

Developing Low-Carbon Fuel Production

Fortescue Energy is actively pursuing projects and opportunities to provide green feedstocks such as green hydrogen, ammonia, e-methanol and sustainable aviation fuel (SAF) that will enable reductions in emissions globally. We have already announced FID on a number of new green energy projects in the USA and Australia.

Our portfolio of energy projects

Fortescue Zero

Developing Low-Emissions Technologies

Fortescue continues to design solutions consisting of both ‘off-the-shelf’ products and new technologies via collaborations and partnerships with world-leading original equipment manufacturers (OEMs) such as Liebherr.

Fortescue Zero recently opened a new state-of-the-art technical innovation centre in Kidlington, UK, to focus on the technical development, testing and prototype production of batteries and zero emission powertrains for a wide range of applications, including motorsports, mining haul trucks, and other off-road and automotive applications.

A US$35 million investment was committed to start building a US Advanced Manufacturing Centre in Michigan. This Centre is expected to become a major hub for Fortescue’s production of automotive and heavy industry batteries, hydrogen generators, fast chargers and electrolysers.

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