MGT 1.33% 37.0¢ magnetite mines limited.

South Australia passes green hydrogen law, with support from...

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    South Australia passes green hydrogen law, with support from anti-wind cross bench | RenewEconomy

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    South Australia passes green hydrogen law, with support from anti-wind cross benc. South Australia’s landmark Hydrogen and Renewable Energy Bill – which will pave the way for multiple gigawatts of new wind and solar – has been passed into law after a remarkable shuffle of ideological positions on green energy from the crossbench.

    Energy minister Tom Koutsantonis said the bill will help the state tap into its abundant wind and solar resources, which already supply a world leading 71.5 per cent share of its electricity demand (annual average) and could increase significantly as the state looks to export green energy and green products such as iron."

    This is going to attract so much capital to SA. Key to producing green steel is access to cheap hydrogen, renewable energy. raw material (magnetite) and government policy. All of which are in SA. Exciting.
 
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