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Australia's green steel future uncertain
The Australian iron ore industry must decide how to replace its ageing Pilbara mega-mines in the face of the uncertain shift to green iron and steel production. The standard 62pc Fe direct-shipped iron ore produced in the Pilbara region of Western Australia (WA) is not very suitable for existing processes to produce low-carbon or green iron and steel, and the lower-grade ores that have grown in volume in the past decade are even less so. Yet Australian mining firms BHP, Rio Tinto and Fortescue are all working on multi-billion dollar plans to replace depleting mines. The question for these firms that have worked hard ... (full story)