News
08 August 2025

Fortescue secures yuan loan for green energy plans

In:
Metals and Mining
Region:
Asia-Pacific

Australia's Fortescue has secured a loan worth CNY14.2 billion Chinese ($1.98 billion) to ramp up its decarbonisation plans, weeks after scrapping its US and Australian green hydrogen projects.The five-year syndicated term-loan facility with a 3.8% per annum fixed interest rate is backed by...

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