Mining giant reveals deal to turn iron and steel green
One of Australia's largest mining companies will pause its plans to produce greener iron and invest $35 million in emerging local technology.
One of Australia's largest mining companies will pause its plans to produce greener iron and invest $35 million in emerging local technology.
Australia could help to reduce carbon emissions around the world using green metals but one state is likely to play a bigger role than others.
Demand for Australia's biggest fossil fuel exports is expected to drop in the coming years but producing green metals could provide a lifeline.
Australia could squander the opportunity to export green iron to the world if it does not pursue renewable hydrogen for its production, analysts say.
US President Donald Trump has announced 25 per cent tariffs on all steel and aluminium imports but is "considering" a carve-out for Australia.
Renewable energy companies are eyeing opportunities in traditional coal-mining towns as part of Australia's electricity transition.
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Critical minerals from Australia needed to fuel electric vehicles and renewable energy technology could fall in popularity depending on the US election outcome.