FMG, Kumul in hydropower deal

A FORTESCUE Metals Group subsidiary has entered into a deed of arrangement with Papua New Guinea’s government and state-owned Kumul Consolidated Holdings to investigate potential hydropower resources to support “green industrial operations”.

FMG, Kumul in hydropower deal FMG, Kumul in hydropower deal FMG, Kumul in hydropower deal FMG, Kumul in hydropower deal FMG, Kumul in hydropower deal

Andrew Forrest

These green industrial operations would be largely for export to global markets, and also for domestic consumption.