NEW YORK, Sept 25 (Reuters) - Australian miner Fortescue is experiencing strong interest in its decarbonization-related offerings, Executive Chairman Andrew Forrest said in an interview, as he challenged U.S. President Donald Trump's claim that climate change is the "greatest con job" in the world.
Fortescue has set some of the most ambitious decarbonization targets among Australia's major miners, but was recently forced to walk away from some planned green hydrogen projects. The company, the world's fourth-largest miner of iron ore, attributed the cancellation of a project in Arizona in part to a shift in U.S. policy away from green energy.
However, Forrest said he was not willing to give up despite mounting criticism of climate-driven initiatives by Trump, who on Tuesday dismissed climate change during his address to the United Nations General Assembly.
Speaking on board Fortescue's Green Pioneer, which the company says is the world's first ship capable of running on green ammonia and diesel, Forrest condemned Trump's statement and challenged the president to debate him, even if it takes place in a courtroom.
"Sue me, but I'm saying you have no basis of fact to say that," said Andrew Forrest, Executive Chairman, Fortescue.
"I sailed (the Green Pioneer) into the middle of the lion's den to make the point that I'd much rather be getting my fuel from the air, from the sun, from the wind, which is going to be infinite, than I would from drill, baby, drill," Forrest said.
Earlier on Thursday, Fortescue said it acquired Spanish wind technology company Nabrawind and signed an agreement for the purchase of wind turbines from Envision Energy. Those deals will help accelerate the deployment of renewable energy across Fortescue's operations, Forrest said.
Fortescue also said it would deploy a fleet of 300 to 400 battery-powered mining trucks capable of hauling 240-metric-ton loads, with deliveries planned from 2028 to 2030. Chinese mining equipment maker XCMG will supply up to half the trucks, while German-Swiss equipment manufacturer Liebherr will supply the remainder, the company said.
Fortescue's order book for battery-powered trucks developed in partnership with Liebherr is strong, Forrest said, without providing further details.
The miner was likely to exceed its target of reaching 2 to 3 gigawatts of renewable energy generation and storage in its domestic iron-ore operations by 2030, Forrest said.
"We will probably do more than that because we're getting more people wanting to join in," Forrest said.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🏗️ Construction Begins on Blue Point Project 🧪 Commencement of FEED for the Live Oak Project for e-NG Production in Nebraska 🍁 Mercer International Secures C$20 Million Canadian ...
Inside This Issue ⛽ Emvolon and Freepoint Commodities Execute Multi-Year Definitive Agreements to Scale High-Value Liquid Fuels 🧪 Ammobia and Lummus Technology to Commercialize Ammonia for Low-Car...
Inside This Issue ⚡ Minnkota and Reliant Split Risk on Project Tundra CCS 🛢️ White House Pushes for More Refinery Waivers to Ease Pump Prices 🤝 Aker Solutions to Accelerate Carbon Capture and Remo...
Summit Forfeits Two CO2 Storage Permits in North Dakota, Continues Legal Fight Over Third
Summit Carbon Solutions is abandoning two-thirds of its planned project to store carbon dioxide underground in North Dakota. The company, which had been granted permits to store CO2 in three desig...
Construction Begins on Blue Point Project
Ground has been broken on construction of the Blue Point project in Louisiana, USA. Project partners CF Industries, JERA, and Mitsui & Co. have broken ground on construction of ...
Mercer International Secures C$20 Million Canadian Backing for Alberta Pulp Mill Overhaul
The Canadian government has thrown a financial lifeline to Mercer International's Peace River pulp operation in northern Alberta, committing C$20 million toward a sweeping modernization of the faci...
Plantd Launches Biochar Line, Turning Waste Into Revenue & Better Soil
Advanced manufacturer expands beyond structural building panels, converting production byproduct into a silica-rich soil amendment for agriculture OXFORD, N.C., Aug. 28, 2026 (GLOBE NEWSWIRE) -- P...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.