Understanding the demand for Green Steel, page-332

Mining exploration on the rise in SA as demand grows for materials used in renewable energy technology - ABC News

"Other companies, such as the GFG Alliance which owns the Whyalla steelworks, are already looking to exploit known deposits of magnetite to meet growing international demand."Magnetite is coming into its own right now," the head of GFG Alliance's magnetite expansion project, Gavin Hobart, said."It's gone from the poor cousin of hematite to a high-purity product.

"With carbon abatement moving towards green steel, it's absolutely the catalyst to [show] we can do this at scale, we can do this with a premium product and one that's highly sought-after."The GFG Alliance has ramped up exploration in the Middleback Ranges west of Whyalla, where it has existing iron ore mines."We're increasing from two rigs to three rigs, soon to be four rigs, so much busier than we have been in the last several years," chief geologist Geoff Johnson said."