Understanding the demand for Green Steel, page-794

https://assets.wwf.org.au/image/upload/v1721362051/file_WWF_Green_Iron_Report.pdf



- WWF calls on state and federal governments to collaborate to secure Australia’s future in low-emissions iron and steel manufacturing
- With the right investment environment, Australia could be the key to transforming Asia’s steel industry.
- As demand for green iron and steel increases, magnetite will become an in-demand commodity"
- Magnetite ores have not been popular for mining in Australia because they typically occur as deposits with low iron content (20–30 per cent iron) and have a much higher level of impurities than DSO ores. Magnetite ores require processing before use, adding costs. However, unlike hematite DSO ores, technology exists that can convert these ores to a high iron content feed (65–70 per cent iron) suitable for green iron and steel.(19) Because magnetite is a ferromagnetic iron oxide (Fe3O4), and associated impurity minerals in deposits are not magnetic, impurities can be removed using magnetic separation.


WWF (World wildlife fund) is not into GREEN Steel? Interesting.