You are viewing a limited version of this profile. To access i3's full capabilities.
Fortescue Metals Group
Save
Company logo (jpg or png)
Parent company

Short description

Iron ore producer

Founded in 2003
Founded in

Company type Public Public ()
Company type

Industry Group resources & environmental management

Sector natural resources

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters Australia Perth, Australia
Address
City
State
Zip
Country

Parent Companies

Updated by Cleantech Group on 04/02/2025

Traction
  • 1 M&A items
tags
Similar companies
Customers
Save
Date Company
Partnerships
Save
Date Partner Type
06/19/2023
Baowu Steel Baowu Steel
This collaboration will explore lower emissions iron making technology at one of China Baowu’s operations in China using Fortescue iron ore and green hydrogen, iron ore beneficiation research and development and collaboration opportunities in renewable energy and green hydrogen.
View source    
Confirmed by Baowu Steel
Development Partner
Investment Rounds
Save

IPO INFORMATION

Date

IPO status

IPO Type

Amount

Initial shares

Ticker symbol

Exchange listed

Prospectus URL

Prospectus

Source URL

Source

Description

Date Investors Type Amount
01/17/2025 US Department of Energy (DOE) US Department of Energy (DOE) (1)
Post-money valuation of
Funding will be used to develop an iron ore tailing (IOT)-to-hydrogen technology for the purpose of valorizing abundant mine waste as an energy source at remote locations. The technology will use ferrous iron-bearing tailings, water, and a reactor to enhance the natural iron oxidation reaction. It will then capture the hydrogen generated for use on-site, in vehicles, heating, and backup power.
Grant $3,000,000
Click to add IPO information
Products
Save
Product image Name Product status Revenue model Cost metrics
You are viewing a limited version of this profile. To access i3's full capabilities.
Back to top

Preload svg text font