全球第四大矿企 “激进”脱碳丨“能”见首席

Core Viewpoint - Fortescue Metals Group is advancing a green iron project that utilizes green hydrogen to reduce iron ore into green iron, emphasizing its commitment to decarbonization and aiming for net-zero carbon emissions by 2040, which is 10 to 20 years ahead of its competitors [1][2]. Group 1: Decarbonization Goals - Fortescue aims to achieve net-zero carbon emissions in its "Scope 3" by 2040, significantly ahead of other major mining companies [1]. - The company plans to invest $6.2 billion from 2024 to 2028 for projects related to decarbonization [1]. - The green iron project is expected to produce its first batch of products by early 2026, with an annual capacity planned at 1,500 tons [1]. Group 2: Financial Performance - For the fiscal year 2025, Fortescue reported iron ore shipments of 19.84 million tons and a net profit of $3.4 billion [2]. - The company is making substantial progress towards its decarbonization goals, including the operation of a 100 MW solar power plant that meets about 25% of the power needs at its Iron Bridge project [2]. - Fortescue plans to allocate $900 million to $1.2 billion for decarbonization capital expenditures in fiscal year 2026, focusing on green low-carbon technologies [2]. Group 3: Market Outlook - Fortescue anticipates iron ore shipments between 19.5 million and 20.5 million tons for fiscal year 2026 [3]. - Goldman Sachs has raised short-term price expectations for iron ore but predicts a decline to $80 per ton by the end of 2026 [3]. - The company believes that the supply-demand balance in the iron ore market will remain dynamic, with stable demand from China [3].