The remarks came after the Canadian government said Monday that it will take restrictive measures including new tariffs on EVs as well as steel and aluminum products imported from China.
"Working with China will help give Fortescue a competitive advantage to achieve our decarbonization targets and has the potential to deliver massive economic opportunities in both countries."
The world's fourth-largest iron-ore miner will use green electricity from solar farms at its Christmas Creek operations in Western Australia to produce 1 500 t/y of high purity green iron.