Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4

Japanese and Korean steelmakers have been achieving sales
premiums as high as US$300/t for low-carbon steel. Crosscommodity price reporting agency Fastmarkets recently
created a new Asian green steel premium index in
response.

The South Australian Government is fostering development
of Green Hydrogen (created by electrolysis using renewable
wind and solar energy) to position the state at the centre of
domestic solutions to decarbonise the global steel sector.

To this end, the South Australian and Commonwealth
governments ratified $100 million in combined funding
arrangements in late September to support the
establishment of a Green Hydrogen export hub at Port
Bonython.