Fortescue secured a ¥14.2 billion ($2B) five-year loan, the first of its kind for an Australian corporate, to fund decarbonization projects.



The financing, backed by Chinese and global banks, highlights Fortescue's continued green energy push despite recent project scale-backs.
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0xDreamChaservip
· 23h ago
Chinese capital is really powerful
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BearMarketSurvivorvip
· 08-09 23:05
So you're getting into green energy, huh? There seems to be a lot of funding.
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MetadataExplorervip
· 08-08 00:08
Making money is going pretty well!
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RektRecordervip
· 08-08 00:07
Again, the old trap of Wall Street.
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MissedAirdropAgainvip
· 08-07 23:56
It's sour to have both projects and money.
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DAOplomacyvip
· 08-07 23:52
hmm interesting path dependencies at play... stakeholder incentives seem rather sub-optimal tbh
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BlockDetectivevip
· 08-07 23:45
Bank of China is really generous with lending money...
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