Fortescue is a large Australian mining group that has articulated ambitious plans to become a clean energy giant, especially in the hydrogen market, where it has begun several large international green projects and entered into numerous partnerships with other firms. Earlier this year, however, Fortescue began to exhibit signs of getting cold feet. Metals prices were not so hot, meaning less available cash to sink into non-cash producing projects. Earnings missed expectations and may fall in the coming fiscal year. Moreover, electricity prices…
