Analysis of market, cost and locational factors for green iron and steel in Australia

The Challenge

Iron and steel production contributes over 7% of global CO₂ emissions. While demand for green alternatives is rising, high costs and uncertain market support for low-carbon processes remain major barriers.

Proposed Solution

This project will assess location factors, scrap availability, and market dynamics to clarify future iron ore needs. It will:
• Strengthen strategic insights into green steel markets
• Guide policy development for a viable Australian green steel industry
• Establish a foundation for future HILT research and modelling

Proposed Benefits to WA

Understanding global green iron markets will help WA producers align with downstream investors, enabling local processing technologies and boosting Australia’s competitiveness in low-carbon steel exports.

Financial Assistance DOI

DOI: 10.71342/845420259982