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IEEFA: Geopolitical Gales & Green Iron's Galvanising Gambit
The Middle East conflict has disrupted global low-emission iron supply chains, damaging Iranian steel plants & blocking the Strait of Hormuz. Australia now has a strategic window to supply up to five point five million metric tons of green iron annually to Asia-Pacific markets by 2030. Analysts say the country must streamline project approvals, secure offtake agreements, & adopt hydrogen-based iron production to convert this geopolitical disruption into a lasting competitive advantage over Middle Eastern & Brazilian rivals.
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