Normal
Not sure why you would say that.The biggest investments Twiggy is making in net zero are developing solar farms to power electric mining operations. And of course developing and using the electric diggers These have an exceptionally high ROI and will reduce operational costs immediately. RIO is following course as other other miners. It just make excellent financial sense.The Hydrogen projects are being downsized radically. Not killed yet and there may yet be some decent results. FMG has in interest in a new technology that could produce Hydrogen far more cheaply than electrolysis.Obviously China's demand for ore is the big question. Interestingly enough the current crash in the Aus Dollar improves our Iron Ore revenue (everything else being equal..)
Not sure why you would say that.
The biggest investments Twiggy is making in net zero are developing solar farms to power electric mining operations. And of course developing and using the electric diggers These have an exceptionally high ROI and will reduce operational costs immediately. RIO is following course as other other miners. It just make excellent financial sense.
The Hydrogen projects are being downsized radically. Not killed yet and there may yet be some decent results. FMG has in interest in a new technology that could produce Hydrogen far more cheaply than electrolysis.
Obviously China's demand for ore is the big question. Interestingly enough the current crash in the Aus Dollar improves our Iron Ore revenue (everything else being equal..)
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