Global pivot towards cleaner, greener steel thrusts magnetite iron ore into spotlight, page-52

FMG may well buy carbon credits; not sure what programs are available to it.

Here in US, many companies do so for the tax advantages which designed to enlist support for alternative or renewable energy sources. That's a big benefit of the "carbon market" if you support the goals and the method. They can also build solar farms and storage. They can also contract with alt-energy suppliers; as Google and many others have done for many years. I think Google is 100% renewables powered.

However, it is the stated aim of FMG and AF in particular to lead the effort to make "green iron ore" and particularly "green steel" in a manner that uses far less fossil fuels. I only just posted that I appreciate the strong pivot and now I can report I have just bought in.

GLTASH