In a move that solidifies Fortescue Future Industries’ (FFI) commitment to becoming a global player in green hydrogen, the company has unveiled plans for a groundbreaking green hydrogen and ammonia facility in Prince George, Canada.
The ambitious USD 2 billion ‘Project Coyote’ is poised to produce approximately 140,000 tonnes of hydrogen and 700,000 tonnes of ammonia annually, with an eye on both domestic use and international export markets.
Project Coyote is an epitome of green energy ambitions, relying on cutting-edge electrolysis technology to produce hydrogen. It will require a substantial power supply of 1,000 megawatts (MW) from BC Hydro to carry out the energy-intensive electrolysis process, transforming water into green hydrogen. The green hydrogen will then be further processed into green ammonia, a key component in the global drive towards sustainable fertilizers and fuels.
The environmental approval process, mandated by the provincial government, is already underway, demonstrating FFI’s commitment to adhering to stringent environmental standards in its projects.
The path to Project Coyote’s realization has been marked by close collaboration with local and regional leaders. FFI signed Memoranda of Understandings (MoUs) in late 2021 with three Indigenous Nations in Canada, setting the stage for green hydrogen projects across the country. The Lheidli T’enneh First Nation in British Columbia is among the Indigenous Nations with which FFI has negotiated benefit-sharing agreements.
Billionaire Andrew Forrest, the visionary behind FFI and Executive Chairman of parent company Fortescue Metals Group (FMG), personally announced the Project Coyote proposal during his visit to Prince George. Forrest, who met with Lheidli T’enneh First Nation Chief Dolleen Logan, emphasized Prince George’s potential as an ideal location for hydrogen production, citing its clean air, abundant water, and ample electricity.
The British Columbian government has shown keen interest in supporting Prince George’s development as a regional hub for hydrogen. Earlier this year, the city received funding over two years to bolster its role in the burgeoning hydrogen industry. The government recognizes Prince George as an ideal location, given its strategic infrastructure, including an airport, highway intersection, and direct rail connections to vital ports.
Project Coyote is just one facet of Fortescue’s expansive global hydrogen vision. The company’s goal is to become a prominent exporter of green hydrogen, with aspirations to produce a staggering 15 million tonnes annually by 2030. To fulfill this vision, Fortescue is exploring opportunities beyond Project Coyote, eyeing potential ventures in Labrador, Nova Scotia, Quebec, and Manitoba. Agreements with Indigenous Nations in these regions underscore FFI’s commitment to meaningful partnerships and sustainable, green energy development.
The unveiling of Project Coyote in Prince George represents a significant milestone in Fortescue’s journey towards becoming a global green hydrogen powerhouse. With its blend of innovative technology, local partnerships, and government support, this endeavor promises to make a substantial impact on Canada’s hydrogen landscape while bolstering Fortescue’s position in the global green hydrogen arena.