Government Policy Alignment

Government and Industry Initiatives

• Strategic Investments
  Governments and industry leaders are investing in projects and policies to support green iron production. Initiatives like the South Australian Government’s Green Iron & Steel Strategy and the development of green iron hubs demonstrate this commitment.
• Regulatory Support
  Environmental regulations and carbon reduction targets are pushing industries towards sustainable practices, benefiting the adoption of magnetite and green iron.

South Australian Government Green iron and steel strategy is a key part of the government’s State Prosperity Project aimed at positioning South Australia as the partner of choice for decarbonised steelmaking.

The strategy’s objectives are to:

• Enhance South Australia’s comparative advantage
• Establish local green steel industry foundations
• Ensure a sustainable, long-term industry and shared prosperity

Green Iron and Steel Strategy

Government of South Australia | Energy & Mining

Australian Federal Governments commitment to innovation in green metals:
The Australian Federal government will provide $1.7 billion over 10 years from 2024-25 to support innovation, commercialisation, pilot programs and early-stage development through grants to accelerate novel, innovative and first-of-kind technologies and facilities linked to green metals production.
Read complete Government article here.