According to The Australian Financial Review, we are one of the most innovative industries in the world with globally recognised strengths from exploration and minerals processing to autonomy, artificial intelligence and data analytics. Looking forward, we’re harnessing this technology and capability to tackle the challenge of achieving carbon neutrality with a sense of urgency.
As an example, the Pilbara has more sunshine hours in a day compared to anywhere else in Australia. This brings considerable opportunities for renewables, especially solar. Practical initiatives like the development of wind and solar energy, as well as gas, battery storage and the next phase of hydrogen and electric mobility will help us meet some real stretch targets in carbon reduction.
Fortescue, together with our partners, has announced investments of well over $US800 million in a number of energy infrastructure projects which, when completed, will see 25-30 per cent of our stationary energy requirements powered by solar while also allowing the flexibility to increase our use of renewable energy in the future.
Reducing our use of diesel fuel also provides a huge opportunity. We’ve started the conversation with our suppliers about how we can be diesel-free by 2030 and they are bringing their ideas to the table.
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