No it can't - that's why I said "iron" not "iron ore"
Direct reduced iron (DRI) or HBI (hot briquetted iron - DRI that has been compacted) can be processed in arc furnaces as well scrap steel, so not all of the feedstock for an arc furnace has to be scrap/recycled.
https://www.metallics.org/assets/files/Public-Area/Fact-Sheets/_2_HBI_in_EAF_Fact_Sheet_rev3.pdf
So I'm thinking about the possibility of making HBI in the Kimberly using Hazer hydrogen from Woodside gas, cheap renewable energy, and a Primetals process (and maybe Fortescue iron ore?). So instead of exporting low value iron ore, export high value HBI for use in making steel in arc furnaces around the world.
Ann: Response to ASX Query, page-43
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