MGT 3.57% 27.0¢ magnetite mines limited.

ACCR Presentation on the green steel transformation -...

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    ACCR Presentation on the green steel transformation - ACCR

    https://hotcopper.com.au/data/attachments/6099/6099424-c0d4846d490c222576bdaf6c47e9e6be.jpg

    Investors, companies and policy-makers are facing a critical time window for decarbonising the steel industry. 71% of the world’s blast furnaces are due to reach the end of their operating lives between now and 2030, which means decisions to invest capital in refurbishing blast-furnaces, rather than available green steel processes, risks locking-in coal based methods for decades to come.

    “It’s very clear from our research that the shift towards green steel is underway and that this is a sector that no longer deserves the reputation of being ‘hard-to-abate’.”

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