Market News
Fortescue looks at Brazilian hydrogen

The MoU will allow for FFI and Port of Açu to conduct development studies into the feasibility of installing a green hydrogen plant at Port of Açu, Latin America’s largest privately owned deep-water port-industrial complex. 

Subject to the outcome of the studies, the project envisages construction of a 300-MW-capacity green hydrogen plant at Port of Açu, with potential to produce 250 000 t/y of green ammonia.  

The availability of green hydrogen and renewable power is expected to drive further sustainable industrialisation of the port, including production of green steel, fertilizers, chemicals, fuels, and other sustainably manufactured industrial products.