Air Liquide’s Proton-Exchange Membrane electrolyzer will produce up to 8.2 tonnes per day of low-carbon hydrogen for industrial use and mobility.

Fortescue founder Andrew Forrest is “runnin’ down a dream” of a green-powered Australian steel-making renaissance.

Analysts say any slowdown effects in the mining sector will be offset by Biden’s plans to support domestic production of metals used in EVs, solar panels and green technologies.

Company cut the value of its Mt Arthur thermal coal mine in New South Wales by about $1.25bn, as it seeks to sell the asset.

The Cerrejón thermal coal mine is owned by BHP, Anglo American and Glencore.

To be eligible, projects must have potential to cut global emissions by at least 500 million tonnes a year.