Most of WA's iron ore is processed overseas, producing huge amounts of carbon emissions, but a new project aims to turn it into "green steel" in Perth. Here's what experts say about its feasibility.
Hopefully it does, well, these things kinda have to work now. For the reasons you outlined. I don’t think the government lets go of this one. If its only issue is its not commercial, i can see that being a cost we’re, (through the government), now willing to pay.
If that happens, they better take over ownership, at least Joint Venture. No more handouts to private businesses without a clear public line of compensation.
We had a long run of very good relations with China and, due to their sheer capacity for steel production, we could never compete on price.
But when you throw in almost free electricity to the mix (with current solar prices) and geopolitical concerns, maybe this makes more sense now.
Hopefully it does, well, these things kinda have to work now. For the reasons you outlined. I don’t think the government lets go of this one. If its only issue is its not commercial, i can see that being a cost we’re, (through the government), now willing to pay.
If that happens, they better take over ownership, at least Joint Venture. No more handouts to private businesses without a clear public line of compensation.