Relocation of Chinese steel mills

I researched this article for another stock I hold that has ambitions to become a premium iron ore producer. I think it should apply to HZR as well.

China will be relocating dozens of the worst polluting steel mills from inland cities to the coast.

The use of low grade iron ore will not be accepted.

The article does not say, but I assume the new mills will choose technology that avoids pollution where possible.

China is already moving towards becoming an electric and hydrogen based economy.

That being the case, you would think the steel refining process would be ripe for the introduction of hydrogen.

https://www.reuters.com/article/us-china-ironore-analysis/pellet-pivot-china-develops-taste-for-high-grade-iron-ore-as-coastal-furnaces-fire-up-idUSKCN1VA0CX