The Western Australian Government is examining the viability of sustainably processing WA iron ore to green steel, or the inputs necessary to create green steel.
The Minerals Research Institute of Western Australia has appointed lead adviser GHD Group, in partnership with ACIL Allen, to investigate the iron ore-to-steel value chain.
WA’s Mines and Petroleum Minister Bill Johnston said initial works will identify opportunities and barriers for WA to support the global steel industry’s green ambitions.
According to the Minister, further work will then examine regional infrastructure needs, market dynamics and policies needed to ensure the State has a comprehensive understanding on creating green steel.
“As the world’s largest supplier of iron ore, Western Australia has a significant role to play in understanding the viability of green steel,” the Minister continued.
“The lead time for Western Australia to capture this emerging opportunity means there is a need to start planning now.
“By investigating these opportunities, we are taking action to reduce climate-related risks, while also positioning the State as a preferred supplier to global markets and a sought after destination for investment.”