Fortescue pulls plug on hydrogen projects amid policy backlash
HYDROGEN
Australia's Fortescue, once a green hydrogen champion, has abruptly canceled two major projects – one at home and one in the United States – blaming shifting political winds. The move highlights how policy reversals and strategic refocusing are tempering the hydrogen hype, even for industry titans with deep pockets.
Jul 25, 2025, 12:00 AM