Fortescue Future Industries says it has signed a new partnership with global engineering firm SMEC to support the transition to green electricity, green hydrogen, green ammonia, and other green industrial products.
SMEC has its origins in the Snowy Mountains Hydroelectric Scheme that it helped engineer and was privatized in 1993 and then bought out by Singapore-based infrastructure services group Surbana Jurong in 2016.
FFI, essentially the green energy arm of Andrew Forrest’s Fortescue Metals mining business, has one of the most ambitious green energy targets in the world, including to produce 15 million tonnes of renewable green hydrogen a year by 2030, rising to 50 million tonnes per year in the following decade.
The deal with SMEC involves the provision of engineering and technical services for the massive green energy and industrial projects that will be needed to meet those targets.
