Paul Barry
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Magnetite isn't a very common iron ore.
And it's what you need if you're going to get rid of the old traditional coke blast furnaces.
You need something with a high iron content.
So that's one big plus.
It's got a huge supply of iron ore.
It's got a railway from where these iron ore mines might be.
It's got a railway from the steelworks to customers.
It's got a deep water port.
It's got massive amount of renewable energy because South Australia, the wind is blowing constantly and the sun shines all the time.
And it's also got a workforce.
It's got a skilled workforce.
So yes, I think it has a lot of stuff going for it.
But it does need commitment from the government, which would have to put in some money.
And it needs commitment from an international steel company, which would need to go, yeah, we want to be there.
We think this can be done.
There is evidence that there are people out there who are prepared to do that.
The South Australian government called for expressions of interest in making green iron, which is kind of...
the previous step to green steel.
And there are 59 companies, I think it was, said, yes, we're interested.
And the South Australian government is also building a green hydrogen plant, which is going to happen, whatever happens to Wyala.