decarbonfuse Icons/logo

CCUS

Fortescue Chairman Forrest Doubles Down On Renewables In Challenge To Trump

Published by Todd Bush on September 26, 2025

  • Fortescue experiences strong interest in decarbonization offerings despite US policy shifts
  • Billionaire Forrest challenges Trump's climate change stance, offers debate or courtroom challenge
  • Fortescue acquires Nabrawind, plans deployment of battery-powered trucks

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.

>> In Other News: Energy Vault, PG&E Announce Successful Completion of the Calistoga Resiliency Center, the World's First Ultra-Long Duration Hybrid Battery + Hydrogen Energy Storage Microgrid

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.

Icons/external Source

Add Comments

Subscribe to the newsletter

Icons/inbox check

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.


Latest issues

  • How States Are Rewriting the DAC Playbook

    Inside This Issue 🌎 States Drive Direct Air Capture Forward as Markets Mature 🏭 Aircapture Launches First Commercial DAC Facility in Japan ⚡ Transition Industries Awards Techint E&C and Siemen...

  • Inside CF Industries’ $4B Clean Ammonia Pivot

    Inside This Issue 🧪 How CF Industries Became the Fertilizer Giant Leading America's Clean Ammonia Revolution 📈 Altitude Expands Ascent 1 Large-scale Financing Facility to 250,000t CDRs ⛏️ Global E...

  • Can This Partnership Unlock Ethanol’s Low-Carbon Future?

    Inside This Issue 🌽 Frontier Infrastructure, in Collaboration with Gevo and Verity, Launches Complete Carbon Management Platform for Ethanol Industry 🍁 Canada's CCUS Boom Hits a Wall: Why EOR is M...

View all issues

Company Announcements

Daily decarbonization data and news delivered to your inbox

Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.

Subscribe illustration