Fortescue sees green iron boosting win-win ties

China's economic development has made it a key player in the global economy, which will continue to shape global economic growth and technological innovation, including the development of green iron for green transition, in the years to come, said a top executive of Fortescue, a West Australian company specializing in iron ore.

The prospects for China's continued growth remain bright, driven by domestic consumption, technological innovation and participation in global initiatives such as the green energy transition, said Dino Otranto, Fortescue Metals CEO.

"Fortescue has been investing heavily in technology and building genuine and trusting friendships with our Chinese partners, underpinning the success and longevity of what has been a mutually beneficial partnership," he said.