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Fortescue hydrogen reset casts shadow over $114m Gladstone plant

Strategic overhaul sees 90 jobs cut as company pivots toward green iron ambitions

Fortescue still backs green hydrogen as ‘fuel of the future’ despite axing 90 jobs at its Gladstone plant and Perth.

Fortescue still backs green hydrogen as ‘fuel of the future’ despite axing 90 jobs at its Gladstone plant and Perth. | Credits: Fortescue

Fortescue has slashed around 90 jobs across its hydrogen division, raising fresh questions about the future of its $114 million electrolyser manufacturing plant in Gladstone and the viability of its broader...

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