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home > industry news > ford river: from a steel giant to a green transformation
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fords river's performance in fiscal year 2024 showed remarkable growth, with both basic ebitda and sales revenue showing a clear growth trend. these achievements are a direct reflection of its decision and actions to actively embrace green technology. fords river will integrate its resources to become a stronger green technology supplier and gradually transform into a global green technology, resources and energy company.
among them, the operation of the ford river hydrogen plant is worthy of attention. it has become a key driving force for ford river to achieve green iron production. the plant uses advanced technology to produce green hydrogen for the production of high-purity green iron and supplies the product to steel mills around the world. this not only meets the needs of the global steel industry, but also contributes to environmental protection and sustainable development.
it is worth mentioning that the green technology development achievements of fords river have been highly recognized and supported by the chinese government. during his visit to australia, premier li qiang visited fords river's green technology r&d and testing base in hazemel and expressed his support for the australia-china green iron supply chain.
the "australia-china green iron supply chain" jointly developed by fords river and china will become an important engine for the economic development of both countries. through iron ore and green hydrogen produced from large-scale renewable energy, the company plans to supply 100 million tons of green iron to china each year and provide continuous and stable green energy solutions for china's steel industry.
as the world's largest iron ore producer, ford river will continue to play a key role in green technology investment and sustainable development solutions. its transformation path is worth learning from, and it will become an important case in future green development and contribute to global sustainable development.