# Fortescue Future Industries to build $1B green equipment plant in Gladstone

Fortescue Future Industries (FFI) will construct the Global Green Energy Manufacturing Centre (GEM) in Gladstone, Queensland, with total investment up to $1 billion. Stage one includes a 2 GW electrolyser factory, with production starting in early 2023.

- Type: New facility
- Announced: 2021-10-10
- Where: Gladstone, Queensland, Australia
- Value: $1.00B
- Starts operating: 2023
- Status: announced
- Capacity: 2 GW per annum (electrolyser)
- Products: electrolysers, wind turbines, solar photovoltaic cells, electric cabling
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Fortescue Future Industries](https://endata.com/companies/58294.md)

## Sources

- [aumanufacturing.com.au](https://www.aumanufacturing.com.au/fortescues), 2021-10-10: "FFI said total investment could add up to $1 billion, with the project slated to create thousands of jobs during construction."
- [mining.com](https://www.mining.com/web/billionaire-forrest-plans-green-energy-factory-to-rival-china/), 2021-10-11: "Fortescue Metals Group Ltd.’s energy unit will build a plant with initial capacity to make two gigawatts of electrolyzers a year in Gladstone in Queensland"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.