Fortescue to invest in Afghanistan for energy projects

Monday, 14 September 2020 16:32:55 (GMT+3)   |   Istanbul

Australian iron ore miner Fortescue Metals Group has announced that it signed a contract with the government of Afghanistan to undertake studies for the development of hydropower and geothermal projects for green industries, as well as studies across a range of mineral resources.

According to the agreement, Fortescue Future Industries Pty Ltd, a wholly owned subsidiary of Fortescue, and the government will investigate the feasibility of potential projects for development of Afghanistan’s hydropower and geothermal resources to support green industrial operations, for domestic consumption and export to global markets.

DamlaTükenmez
Damla Tükenmez
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I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.

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