Mining billionaire, Andrew Forrest, continues to ramp up Australia’s renewable export industry after partnering with the Queensland government to create a hydrogen mega-manufacturing centre on the state’s central coast. Forrest’s Fortescue Future Industries (FFI) will inject $114 million into helping transform Gladstone into an international hub for both the production of green hydrogen-making equipment, known as “electrolysers,” and the creation and export of hydrogen itself. “We don’t just want to export our resources—we want to develop a manufacturing industry capable of making the electrolysers in Queensland as well,” Palaszczuk said. “Queensland is positioned ideally in the world for this being in close proximity to large Asian markets who are hungry for our exports,” Queensland Premier Annastacia Palaszczuk told reporters. Forrest, who became known last year for a diplomatic misstep regarding China, said the developments would allow manufacturing to “come roaring back to regional Australia,” creating thousands of jobs in the process. FFI …
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