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Home > Australia and the Risk of Losing Leadership in the Global Iron Market: The Call for Transition to “Green Iron”

Australia and the Risk of Losing Leadership in the Global Iron Market: The Call for Transition to “Green Iron”

29 October 2024 | Commodities, Commodities, Economy, Futured, Highlights, Market Forecasts - Industrial Metals, News

Australia, the world's leading iron ore exporter, risks losing its dominant position if it does not quickly undertake a transition to “green iron” production. That's the message from Dino Otranto, CEO of Fortescue Metals Group, who issued a warning at the IMARC conference in Sydney on Tuesday. Australia supplies about half of the world's seaborne […]

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