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Australian Fortescue Future Industries Pty Ltd (FFI) has signed an Option Agreement with Tasmanian Ports Corporation Pty Ltd (TasPorts) to exclusively negotiate all land and operating access requirements for its proposed 250 megawatt (MW) green hydrogen plant in Bell Bay Industrial Precinct in Northern Tasmania.
The project is targeted for an investment decision by the Fortescue Board in 2021.
The Tasmania project is expected to produce 250,000 tonnes of green ammonia per year for domestic use and international export.
