Australia’s Fortescue applied to build Canada green hydrogen facility
- September 26, 2023
- Posted by: Quatro Strategies
- Categories: Americas, Asia Pacific, ESG & Renewable Energy
Fortescue Future Industries (FFI) has submitted a proposal for “Project Coyote,” a green hydrogen and ammonia production facility located in the British Columbia province of Canada. This facility, planned at the Willow Cale Industrial Park in Prince George, BC, aims to produce approximately 140,000 tons of hydrogen and 700,000 tons of ammonia annually, catering to both domestic and international markets.
To power the production of green hydrogen through electrolysis, the project will require 1,000 MW of power from BC Hydro. The produced hydrogen will then be processed into green ammonia. Fortescue Future Industries has initiated the environmental approval process as mandated by the provincial government.
Extensive planning and collaboration with local and regional leaders have gone into this project. In late 2021, Fortescue signed agreements with three First Nations groups in Canada, including the Lheidli T’enneh First Nation in British Columbia. These agreements paved the way for planning green hydrogen projects across Canada and included benefit-sharing arrangements.
Andrew Forrest, the billionaire founder of FFI and current Executive Chairman of the parent company Fortescue Metals Group (FMG), personally announced the project proposal during a visit to Prince George. He highlighted the region’s advantages, such as clean air, abundant water, and ample electricity, making it an ideal location for such a facility.
The government of British Columbia had earlier offered funding to the city of Prince George over a two-year period to support its transformation into a regional hub for hydrogen. Recognizing the potential of the hydrogen industry in the region, the provincial government has identified Prince George as a strategic location for advancing hydrogen initiatives.
QUATRO Strategies International Inc. is the leading business insights and corporate strategy company based in Toronto, Ontario. Through our unique services, we counsel our clients on their key strategic issues, leveraging our deep industry expertise and using analytical rigor to help them make informed decisions to establish a competitive edge in the marketplace.
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