FMG News: Plug Power scraps electrolyser plant partnership with Fortescue - 27th Jan 2023, 11:07am

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By Sonali Paul

MELBOURNE, Jan 27 (Reuters) - Plug Power has walked away from building an electrolyser manufacturing plant in Australia with Fortescue Metals Group as the economics did not work, Plug Chief Executive Officer Andrew Marsh said on Thursday.

The project, announced in October 2021, was to be a key plank in Fortescue's transition toward becoming a major green energy company through its Fortescue Future Industries arm.

Fortescue announced plans with Plug Power in October 2021 to buil...

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