HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Message: Mining Tycoon Races to Build World’s First Ammonia-Fueled Cargo Ship
Twiggy seems to be on steroids. This man never rests. Hydrogen, ammonia, and battery metals.
He is like a 'green' hulk. Time to focus on the ring
Mining Tycoon Races to Build World’s First Ammonia-Fueled Cargo Ship
By +Sign UpNovember 10, 2021, 12:44 PM EST
Andrew Forrest
Photographer: Andrey Rudakov/BloombergLISTEN TO ARTICLE
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Mining billionaire Andrew Forrest said he aims to create the world’s first ammonia-powered ship before the end of next year, part of an ambitious plan to run all his company’s fleet on a carbon-free version of the fuel.
“This is just the first,” Forrest, chairman and founder of Fortescue Metals Group said in an interview. “We have about 100 ships on the water, and we’ll be converting all our own ships over to green ammonia at the earliest possible opportunity, well within this decade.”
The ship itself is tiny, with a transportation capacity that’s less than a 100th of the size of some of the world’s largest bulk commodity carriers. Ammonia is considered a cleaner, possible replacement in the future for the oil-derived marine fuels that almost exclusively power shipping today.
The announcement came on transport day of COP26, the ongoing climate summit being held in Glasgow.
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