According to The Australian Financial Review, environmental approval processes are obstructing critical renewable energy infrastructure needed to develop a lucrative green steel industry in Western Australia’s resource-rich Pilbara, experts warn.
A Climate Energy Finance report estimates Australia has the potential to double its iron export value to $250 billion by producing green iron, but not if it loses out to international competitors because governments and industry fail to develop the sector. https://www.afr.com/companies/mining/slow-approvals-are-risking-the-next-mining-boom-report-20240812-p5k1o3
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