Australian iron ore producer Fortescue Metals plans to partner with Japanese energy firm Iwatani and engineering firm Kawasaki Heavy Industries (KHI) on a clean hydrogen project for future gas exports to Japan.
Last week, Fortescue signed an agreement with Japanese partners to jointly develop a supply chain for liquefied hydrogen produced from renewable energy sources in Australia. The firms plan to produce hydrogen from solar and wind energy sources, liquefy this green hydrogen, and then export it to Japan.
Fortescue is separately considering building a 250 MW green hydrogen plant at Bell Bay, Tasmania, capable of producing 250,000 tonnes of green hydrogen per year from renewable energy sources. According to the company, the project will be an important step towards positioning Australia at the forefront of the export market for clean hydrogen.
Australia is becoming a popular destination for Japanese companies investing in the clean hydrogen sector. The two countries are working together on strategies to reduce greenhouse gas emissions by developing hydrogen collaboration to support national and global transitions to sustainable, low-emission economies.