Fortescue to Assess Shuttered U.S. Coal Mine Site for Green Hydrogen Plant
13 May 2022 - 11:01AM
Dow Jones News
By Rhiannon Hoyle
Fortescue Metals Group Ltd. on Friday said it has signed an
agreement with nonprofit Industrial Park at TransAlta in Centralia,
Wash., to look at ways to convert a former coal mine into a green
hydrogen production facility.
The clean energy venture of Australia's Fortescue, one of the
world's top iron-ore miners, wants to repurpose existing fossil
fuel infrastructure to create a green hydrogen plant that it said
could form part of a Pacific Northwest renewable hydrogen hub.
Industrial Park at TransAlta, or IPAT, was formed to support
industrial development on TransAlta Corp.'s former mining land,
where the Centralia coal pit was shuttered in 2006.
A TransAlta coal-fired power plant adjacent to the IPAT project
site is scheduled to close in 2025.
"Subject to the outcome of the feasibility studies,
[Fortescue's] intention would be to seek to employ the existing
coal workforce for the proposed project, facilitating a transition
into the emerging green energy economy," the Australian company
said in a statement.
TransAlta didn't immediately respond to a request for
comment.
Fortescue also said it would apply for a U.S. Department of
Energy hydrogen hub program grant in collaboration with other
entities including utility Puget Sound Energy, a subsidiary of
Puget Holdings.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
May 12, 2022 20:46 ET (00:46 GMT)
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