State Settles Electrolyser Funding Dispute with Fortescue - Industry Queensland

Queensland settles $66m lawsuit with Fortescue over failed hydrogen project

Courtroom hostilities have come to an end, after the state hoped to claw back public money spent on a failed project in central Queensland.

State Government strikes settlement with Fortescue over failed Gladstone project

A confidential settlement has been reached between the Queensland Government and Fortescue over public funding provided for the company’s abandoned […] The post State Government strikes settlement with Fortescue over failed Gladstone project appeared first on Central Queensland Today.

State settles electrolyser funding dispute with Fortescue - Industry Queensland

The State Government says it has reached a confidential settlement with Fortescue to resolve their dispute over public funding contributions to Fortescue's electrolyser manufacturing facility in Gladstone. In a joint statement with Fortescue, it said the settlement ensured that value from the State's $66 million investment had been retained in Queensland for Queensland taxpayers. This included through the transfer of the project land, an electri…

Fortescue Hands Over Gladstone Electrolyser to Settle A$66m Dispute

Fortescue settles A$66m grant dispute with Queensland by transferring Gladstone electrolyser factory land and infrastructure instead of cash repayment.