Fortescue to Focus on Green Metal Export to China Over the Long Term

Fortescue said it is pursuing the opportunity to jointly develop a fully-integrated Australia-China green metal supply chain.

In 2020, more than 60 percent of China's iron ore imports came from Australia. This picture shows Fortescue Solomon iron ore mine located in the Valley of the Kings in the Pilbara region of Western Australia. David Gray/Reuters

Mining giant Fortescue intends to strongly focus on its green metal export to China over the long term, where the majority of its customers are located.

The iron ore miner said the plan could eliminate more than 200 million tonnes (Mt) of its Scope 3 emissions (indirectly created as a result of the company’s activities) annually.