Whilst I don't prescribe to Nexts' - the world is going to be under water view. The steel industry accounts for 7/8% of carbon emissions. HIO isn't the only answer. Obviously. But higher grade ores are needed to achieve a reduction in pollution from steel manufacturing.
The best feedstock for DRI is Iron Ore grades >67%.
Anyway, we might be early but green steel will bring these historically shunned magnetite operations online at a much faster rate (at least in Australia). Time will tell.
Anyway, I'll probably cop it now from both of you for jumping in the middle
Iron Awe - how and why HIO could 100X, page-477
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