# Fortescue Metals Group expects to save $US100 million in fossil fuel costs by 2027.

*business · news · 2026-04-10 · PerthNow*

## Key points

- Fortescue Metals Group will eliminate fossil fuels from operations by 2027, ahead of its 2030 target.
- Fortescue expects to save $US100 million in fossil fuel costs by 2027 through this transition.
- The company is building the world's first industrial, fully integrated green-energy grid in the Pilbara.
- Over 80% of Australian businesses are facing higher operating costs due to the global fuel crisis.
- 61% of surveyed businesses are absorbing higher fuel costs instead of passing them to consumers.

**Companies:** Fortescue Metals Group
**Countries:** Australia, United States, Iran

[Read the full story on PerthNow](https://www.perthnow.com.au/news/business/miners-green-push-to-help-skip-fuel-woes-rocking-firms-c-22121639)

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